Starcloud reaches $1.1 billion valuation as AI space race heats up
Starcloud, a Redmond, Washington-based startup, has secured $170 million in Series A funding, valuing the company at $1.1 billion. The company is developing orbital data centers in low Earth orbit to overcome terrestrial energy and space limitations, with a second satellite mission scheduled for October 2026.
Starcloud, a startup based in Redmond, Washington, has raised $170 million in Series A funding, achieving a $1.1 billion valuation. The company is developing orbital data centers in low Earth orbit to overcome energy and space limitations on Earth. Starcloud deployed its first satellite, Starcloud-1, in November 2025, which included an Nvidia H100 processor. The company has established partnerships with Nvidia, Amazon Web Services, and Google Cloud. A second satellite, Starcloud-2, is scheduled for launch in October 2026, which will transport AWS Outposts equipment and produce 100 times the power output of its predecessor. The company faces emerging competition from SpaceX and Blue Origin, which have announced similar orbital infrastructure initiatives.
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