Which startups have raised the most funding in the space economy?
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In our space economy deck, you will find everything you need to understand the market
The space economy is attracting large amounts of private capital across launch, satellites, Earth observation, communications, orbital infrastructure and space services.
This ranking tracks the leading space economy startups by cumulative funding raised, making it easier to compare how much capital different companies and business models have attracted.
We update this list every month so new rounds, IPOs, acquisitions and other important financing events can be reflected as the market evolves.
And if you want to better understand this new industry, you can download our pitch covering the space economy.
A quick summary table
| Metric | Value |
|---|---|
| Most funded space economy startup | SpaceX, $94.6B |
| Second most funded space economy startup | Blue Origin, $10.0B |
| Largest space economy funding round | SpaceX, $85.7B IPO in June 2026 |
| Median space economy startup funding | $160M |
| Share of funding captured by the top 10 | About 85% |
| Median time since last round | About 21 months |
| Startups that raised funding in the last 12 months | 30 companies with identifiable last-round dates |
| Total space economy funding tracked | Approximately $142.9B across the ranked companies |
| Space economy funding excluding SpaceX | Approximately $48.3B |
| Earth observation and space intelligence funding | Approximately $4.8B across the selected group |

This chart, featured in our space economy deck, illustrates yearly venture capital funding for space economy startups
Top startups in the space economy ranked by total funding raised
Here is an updated table that ranks the top startups in the space economy based on the total amount of funding they have raised to date.
The table also includes the total number of funding rounds, the date and size of the latest round, the financing type, key investors, the startup’s current status, and a confidence score based on the data collected.
If you're interested in knowing how much these startups are worth, you can check our list of the top startups in the space economy ranked by valuation.
| # | Startup | What They Do | Total Raised ($) | Total Rounds | Last Round Date | Last Round Amount ($) | Last Round Type | Key Investors | Current Stage | Confidence |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SpaceX | Rockets, Starlink and space transportation | $94.6B | 16 | June 2026 | $85.7B | IPO | Goldman Sachs, Morgan Stanley, public investors | IPO | Partial |
| 2 | Blue Origin | Rockets, engines and space infrastructure | $10.0B | 1 | July 2026 | $10.0B | Growth Equity | Coatue Management, Jeff Bezos | Active | Strong |
| 3 | OneWeb | LEO satellite broadband network | $5.7B | 8 | February 2022 | $300M | Strategic Equity | Hanwha Systems | Acquired | Strong |
| 4 | Sierra Space | Spaceplanes, stations and space systems | $2.2B | 3 | March 2026 | $550M | Series C | LuminArx Capital Management, existing investors | Active | Full |
| 5 | Stoke Space | Fully reusable orbital launch vehicles | $2.2B | ~6 | August 2026 | $900M | Series E | Undisclosed | Active | Partial |
| 6 | Firefly Aerospace | Launchers, lunar landers and spacecraft | $1.8B | ~7 | August 2025 | $1.0B | IPO | Goldman Sachs, JPMorgan, public investors | IPO | Strong |
| 7 | AST SpaceMobile | Satellite broadband direct to phones | $1.6B | 6 major | February 2026 | $434M | Registered Direct Equity | Undisclosed institutional purchasers | IPO | Partial |
| 8 | Relativity Space | Builds reusable 3D-printed rockets | $1.3B | 5 | June 2021 | $650M | Series E | Fidelity, BlackRock, Coatue | Active | Full |
| 9 | Axiom Space | Commercial stations and human spaceflight | $1.3B | ~8 | June 2026 | $175M | Growth Financing | MUFG Bank, 4iG, QIA | Active | Partial |
| 10 | Vast | Builds commercial crewed space stations | $1.2B | ~5 | March 2026 | $300M | Series A | Balerion Space Ventures, QIA, In-Q-Tel | Active | Partial |
| 11 | ICEYE | SAR satellite imagery and intelligence | $1.1B | 8 | June 2026 | $520M | Series F | General Atlantic, Solidium, Qatar Investment Authority | Active | Strong |
| 12 | Planet Labs | Daily global Earth observation imagery | $974M | ~6 | December 2021 | $590M | SPAC / PIPE | Google, Koch Strategic Platforms, TIME Ventures | IPO | Strong |
| 13 | K2 Space | Large high-power satellite platforms | $941M | 7 | July 2026 | $500M | Series D | Kleiner Perkins, ICONIQ Capital, CapitalG | Active | Full |
| 14 | HawkEye 360 | Space-based RF signals intelligence | $902M | 10 | May 2026 | $416M | IPO | Public investors | IPO | Full |
| 15 | Astranis | Builds high-orbit communications satellites | $808M | 6 | May 2026 | $300M | Series E | Snowpoint Ventures, Franklin Templeton, Andreessen Horowitz | Active | Partial |
| 16 | Rocket Lab | Rockets, satellites and space systems | $755M | 6 | August 2021 | $467M | PIPE / SPAC | Vector Capital, BlackRock, Neuberger Berman | IPO | Strong |
| 17 | Galactic Energy | Chinese reusable rocket developer | $746M | 7 | September 2025 | $337M | Series D | Hainan Hecheng Aerospace Fund, Nanjing Innovation Capital, Jiaorong Junhong Fund | Active | Strong |
| 18 | Apex Space | Mass-produced configurable satellite buses | $719M | 6 | June 2026 | $200M | Growth Equity | Glade Brook Capital Partners, Washington Harbour Partners, JPMorgan Asset Management | Active | Full |
| 19 | York Space Systems | Manufactures satellites and space systems | $630M | ~4 | January 2026 | $629M | IPO | Public market investors | IPO | Partial |
| 20 | Isar Aerospace | Orbital rocket launch provider | $570M | 7 | June 2026 | $320M | Series D | Molten Ventures, Lakestar, UVC Partners | Active | Strong |
| 21 | Spire Global | Satellite weather, maritime and aviation data | $551M | ~10 | April 2026 | $70M | Private Placement | Institutional investors | IPO | Strong |
| 22 | Satellogic | High-resolution Earth imaging satellites | $528M | 10+ | January 2026 | $35M | Registered Direct Offering | Institutional investor | IPO | Strong |
| 23 | Voyager Space | Defense and commercial space technologies | $500M | Several | August 2026 | Undisclosed | PIPE | Blanck Capital | IPO | Low |
| 24 | Tomorrow.io | Satellite-powered weather intelligence platform | $491M | 11 | May 2026 | $35M | Series F Extension | Pitango, Harel Insurance | Active | Strong |
| 25 | ABL Space Systems | Satellite launch vehicle developer | $490M+ | 5 | December 2023 | Undisclosed | Series C | Venrock, New Science Ventures | Active | Partial |
| 26 | LandSpace | Private Chinese launch vehicle company | $485M | 8 | December 2024 | $123M | Strategic Financing | National Manufacturing Transformation Fund | Active | Strong |
| 27 | CesiumAstro | Phased-array space communications systems | $411M | 6 | February 2026 | $270M | Series C | Trousdale Ventures, Woven Capital, Airbus Ventures | Active | Strong |
| 28 | D-Orbit | Space logistics and orbital transport | $400M | 8+ | January 2026 | $53M | Series D | Azimut Group | Active | Strong |
| 29 | Muon Space | Builds mission-specific satellite constellations | $386M | 5 | August 2026 | $250M | Series C | Eclipse Capital, Galvanize, Google | Active | Full |
| 30 | Astroscale | Space debris removal services | $380M | 7+ | 2024 | $110M | Series E / Pre-IPO | Mitsubishi, Japan Investment Corp, Seraphim | IPO | Strong |
| 31 | Synspective | SAR satellites and geospatial analytics | $350M | 6 | December 2024 | $40M | Strategic Private Placement | Mitsubishi Electric | IPO | Strong |
| 32 | Varda Space Industries | Manufactures products in orbit | $330M | 4 | June 2025 | $187M | Series C | Khosla Ventures, Caffeinated Capital, Shrug Capital | Active | Full |
| 33 | BlackSky | Real-time satellite geospatial intelligence | $330M | ≥3 | September 2024 | $46M | Public Equity Offering | Public-market investors | IPO | Partial |
| 34 | Loft Orbital | Satellite missions as a service | $326M | 4 | January 2025 | $170M | Series C | Tikehau Capital, Axial Partners, Bpifrance | Active | Full |
| 35 | Momentus | Orbital transportation services | $300M | Multiple | 2021 | $175M | PIPE / Equity Financing | Stable Road investors, private investors | Active | Strong |
| 36 | Xona Space Systems | Next-generation satellite navigation constellation | $287M | 6 | March 2026 | $170M | Series C | Mohari Ventures Natural Capital, Craft Ventures, ICONIQ Capital | Active | Strong |
| 37 | iSpace | Chinese commercial launch startup | $250M | 5 | 2023 | $40M | Strategic Financing | Regional investment funds | Active | Partial |
| 38 | Impulse Space | Orbital transfer vehicles | $250M | 3 | 2024 | $150M | Series B | RTX Ventures, Founders Fund, Lux Capital | Active | Full |
| 39 | Capella Space | High-resolution SAR satellite imagery | $234M | 6 | January 2023 | $60M | Growth Equity | U.S. Innovative Technology Fund | Acquired | Full |
| 40 | Terran Orbital | Manufactures small satellite platforms | $226M | 8 | September 2023 | $33M | Post-IPO Equity | Public market investors | Acquired | Strong |
| 41 | Mynaric | Manufactures laser communications terminals | $221M | ≥8 | August 2025 | $0M | Restructuring Equity | JVF-Holding | Active | Partial |
| 42 | Spaceflight | Rideshare launch and orbital transportation | $205M | 4 | March 2018 | $150M | Series C | Space Alliance, Mitsui & Co., existing investors | Acquired | Strong |
| 43 | Orienspace | Heavy-lift Chinese rocket company | $200M | 3 | 2023 | $50M | Strategic Financing | Chinese industrial funds | Active | Partial |
| 44 | iQPS | Small SAR satellite constellation | $200M | 7 | March 2026 | $97M | Strategic Third-Party Allotment | SKY Perfect JSAT, Mitsui Sumitomo Insurance, Mitsuuroko Group | IPO | Strong |
| 45 | EnduroSat | Software-defined satellite manufacturing services | $185M | 6 | October 2025 | $104M | Series B Extension / Growth | Riot Ventures, GV, Lux Capital | Active | Strong |
| 46 | Skylo | Direct-to-device satellite connectivity network | $183M | 4 | February 2025 | $30M | Series C-II | NGP Capital, Westly Group, Intel Capital | Active | Full |
| 47 | Kepler Communications | Optical communications network for space | $173M | 4 | April 2023 | $92M | Series C | IA Ventures, Costanoa Ventures, Canaan Partners | Active | Full |
| 48 | Fleet Space Technologies | Satellite-powered mineral exploration technology | $167M | 5 | December 2024 | $100M | Series D | Teachers' Venture Growth, Blackbird Ventures, Hostplus | Active | Strong |
| 49 | Orbit Fab | Space refueling infrastructure | $165M | 4 | 2024 | $116M | Series B | Northrop Grumman, Lockheed Martin Ventures | Active | Strong |
| 50 | ADA Space | Builds AI-enabled satellites | $160M | 4 | August 2023 | $69M | Series C | Hongtai Aplus, Orinno Capital, Taishan Urban Construction | Active | Strong |
| 51 | Starfish Space | Autonomous in-orbit satellite servicing | $160M | 4 | April 2026 | $110M | Series B | Point72 Ventures, Activate Capital, Shield Capital | Active | Full |
| 52 | Axelspace | Microsatellites and Earth imagery | $159M | 6 | August 2025 | $52M | IPO | Public investors | IPO | Full |
| 53 | SpinLaunch | Kinetic space launch systems | $150M | 5 | 2022 | $75M | Growth | ATW Partners, Kleiner Perkins | Active | Strong |
| 54 | Deep Blue Aerospace | Reusable rocket developer | $150M | 3 | 2024 | $50M | Strategic Financing | Regional funds | Active | Partial |
| 55 | Umbra | High-resolution SAR satellite imagery | $125M+ | 4+ | September 2024 | Undisclosed | Venture Equity | Undisclosed | Active | Partial |
| 56 | Unseenlabs | Space-based radio-frequency maritime intelligence | $125M | 3 | February 2024 | $92M | Growth Round | Supernova Invest, ISALT, UNEXO | Active | Full |
| 57 | Omnispace | Satellite direct-to-device 5G connectivity | $120M | 5 | February 2021 | $60M | Growth Equity | Fortress Investment Group, Columbia Capital, Greenspring | Acquired | Partial |
| 58 | Pixxel | Hyperspectral Earth imaging satellites | $120M | 5 | August 2026 | $25M | Venture / Follow-on | Seraphim Space Investment Trust | Active | Strong |
| 59 | LeoLabs | Radar-based orbital tracking intelligence | $111M | 4 | February 2024 | $29M | Series B Extension | GP Bullhound, 1941, Dolby Family Ventures | Active | Full |
| 60 | Lynk Global | Cell towers in space | $106M | 5 | March 2025 | $85M | Series B | SES, Intelsat, Wealthing VC Fund | Active | Partial |
| 61 | Astra | Small rocket launch company | $100M+ | 3 | 2020 | $80M | Series B | BlackRock, ACME Capital | Active | Partial |
| 62 | Rocket Factory Augsburg | European small launch company | $100M | 4 | 2025 | $30M | Growth Financing | OHB, KKR-backed investors | Active | Strong |
| 63 | ALL.SPACE | Multi-orbit satellite communications terminals | $100M+ | 5 | October 2024 | $44M | Series C | BOKA Group, Seraphim Space, AE Ventures | Acquired | Partial |
| 64 | NorthStar Earth & Space | Space-based orbital object tracking | $95M+ | 5 | July 2024 | Undisclosed | Shareholder Financing | Telesystem Space | Active | Partial |
| 65 | Albedo | Very-low-orbit optical Earth imagery | $93M | 3 | January 2024 | $35M | Series A-1 | Breakthrough Energy Ventures, Shield Capital | Active | Full |
| 66 | Open Cosmos | End-to-end satellites and Earth data | $93M | 3 | January 2025 | $36M | Series C | ICF Capital | Active | Strong |
| 67 | Gilmour Space Technologies | Australian rocket manufacturer | $90M | 5 | 2025 | Undisclosed | Extension | Fine Structure Ventures, Blackbird Ventures | Active | Strong |
| 68 | Orbex | Sustainable orbital launch vehicles | $90M | 4 | 2023 | Undisclosed | Extension | BGF, Scottish National Investment Bank | Active | Partial |
| 69 | Exotrail | Space mobility software and propulsion | $90M | 4 | 2023 | $58M | Series C | Eurazeo, CELAD | Active | Strong |
| 70 | Slingshot Aerospace | Space tracking simulation and analytics | $84M+ | 8 | October 2025 | Undisclosed | Venture Round | ONE9 | Active | Partial |
| 71 | PLD Space | Spanish reusable launch vehicles | $75M | 4 | 2024 | Undisclosed | Extension | Aciturri, Arcano | Active | Strong |
| 72 | Sateliot | Satellite 5G IoT connectivity | $75M | ≥5 | March 2025 | $10M | Series B Final Close | Hyperion, SETT, Global Portfolio Investments | Active | Partial |
| 73 | Interstellar Technologies | Japanese private rocket company | $70M | 3 | 2023 | $30M | Strategic Financing | Japanese corporate investors | Active | Partial |
| 74 | Skyroot Aerospace | Indian private launch vehicles | $67M | 5 | 2024 | Undisclosed | Follow-on | GIC, Speciale Invest | Active | Strong |
| 75 | Myriota | Satellite IoT connectivity network | $65M | 5 | December 2024 | $31M | Growth Equity / Series B Extension | NRFC, Main Sequence, InterValley Ventures | Active | Strong |
| 76 | OroraTech | Satellite wildfire detection intelligence | $65M | 6 | May 2025 | $13M | Series B Extension | BNP Paribas Solar Impulse, Rabo Ventures, Bayern Kapital | Active | Strong |
| 77 | Latitude | French micro-launch startup | $60M | 3 | 2024 | $38M | Series A | Crédit Mutuel Innovation, Bpifrance-linked investors | Active | Strong |
| 78 | ReOrbit | Software-defined sovereign satellite systems | $60M | 3 | September 2025 | $53M | Series A | Springvest, Varma, Elo | Active | Full |
| 79 | Privateer | Space and geospatial intelligence platform | $57M+ | 2 | April 2025 | Undisclosed | Strategic Investment | Far Eastern Group | Active | Partial |
| 80 | GHGSat | Satellite greenhouse-gas emissions monitoring | $55M+ | 4+ | September 2023 | Undisclosed | Series C1 | Fonds de solidarité FTQ, BDC Capital, Investissement Québec | Active | Partial |
| 81 | HyImpulse | German hybrid rocket company | $50M | 3 | April 2024 | $39M | Series B | HV Capital, Porsche SE | Active | Strong |
| 82 | Dawn Aerospace | Space mobility technology company | $50M | 4 | 2024 | $20M | Growth Financing | European venture investors | Active | Strong |
| 83 | E-Space | Sustainable satellite communications constellation | $50M | 1 | February 2022 | $50M | Seed | Prime Movers Lab | Active | Full |
| 84 | SATLANTIS | High-resolution Earth-observation satellite systems | $47M | 3+ | 2022 | $24M | Growth / Capital Increase | Encino Environmental, Enagás, CDTI | Active | Partial |
| 85 | SatSure | Satellite Earth intelligence and analytics | $44M+ | 4+ | 2026 | $23M | Pre-Series B | SIDBI Antariksh Venture Capital Fund | Active | Partial |
| 86 | Space Forge | Manufactures advanced materials in space | $40M+ | ≥3 | May 2025 | $30M | Series A | NATO Innovation Fund, World Fund, NSSIF | Active | Partial |
| 87 | Skyrora | UK orbital launch technology | $40M | 3 | 2023 | $23M | Growth | Existing investors | Active | Partial |
| 88 | Antaris | AI software for satellite missions | $36M+ | 4 | March 2026 | $28M | Series A | WestWave Capital, Lockheed Martin Ventures | Active | Partial |
| 89 | Mangata Networks | Hybrid satellite and edge network | $33M+ | ≥2 | January 2022 | $33M | Series A | Playground Global, Temasek, ktsat | Active | Partial |
| 90 | Gravitics | Builds orbital infrastructure and stations | $33M | 2 | February 2026 | $13M | Series A | Type One Ventures, Frost-affiliated investor | Active | Partial |
| 91 | ClearSpace | Orbital debris removal technology | $30M | 2 | 2024 | $26M | Series A | Lakestar, OTB Ventures | Active | Partial |
| 92 | Phantom Space | Small launch vehicles | $30M | 6 | 2024 | $6M | Bridge | KOLH Capital, Reaser Family Office | Active | Strong |
| 93 | Orbital Sidekick | Hyperspectral satellite monitoring analytics | $28M+ | 4+ | November 2024 | $9M | Series B | Energy Innovation Capital | Active | Partial |
| 94 | Agnikul Cosmos | Indian small rocket developer | $27M | 4 | 2022 | $12M | Series B | Celesta Capital, Speciale Invest | Active | Strong |
| 95 | Aevum | Autonomous launch aircraft systems | $15M | 2 | 2021 | $3M | Equity Financing | Undisclosed | Active | Partial |
| 96 | OQ Technology | Satellite 5G IoT connectivity | $15M | 2 | September 2022 | $13M | Series A | Wa'ed Ventures, Phaistos Investment Fund | Active | Strong |
| 97 | TrustPoint | GPS-independent satellite navigation infrastructure | $2M+ | 2 | March 2023 | Undisclosed | Seed Extension | Middle Cove Capital, Unpopular Ventures | Active | Partial |
| 98 | NanoAvionics | Small-satellite platforms and mission integration | $0M | 2 | March 2018 | Undisclosed | Strategic Investment | AST & Science | Acquired | Low |
| 99 | Exolaunch | Satellite deployment and mission integration | $0M | 0 | N/A | Undisclosed | N/A | N/A | Active | Full |

This market map, featured in our space economy deck, highlights top companies and startups in the space economy
Key funding trends in the space economy
Insights
- Space economy funding is extremely concentrated. The top 10 companies represent about 85% of the roughly $142.9B tracked in the full ranking, with SpaceX alone accounting for around two-thirds of the total.
- Even after removing SpaceX, capital remains concentrated in a small group of infrastructure businesses. Blue Origin, OneWeb and Sierra Space together represent almost half of the $37.0B cleaner funding subset.
- Earth observation and space intelligence have developed into a substantial financing category. Selected companies including ICEYE, Planet Labs, HawkEye 360 and Satellogic have attracted approximately $4.8B in combined equity funding.
- New satellite-platform companies are scaling quickly. K2 Space, Apex Space and Muon Space have raised about $2.0B combined, with their latest 2026 financings alone contributing approximately $950M.
- Recent rounds have transformed the capitalization of several space startups. The latest financings represented about 66% of CesiumAstro's total funding, 65% of Muon Space's funding and 59% of Xona Space Systems' funding.
- Launch remains one of the most capital-intensive parts of the space economy, but the headline figure is highly concentrated. Blue Origin represents roughly 61% of the $16.4B reconstructed for launch-focused companies.
- Satellite servicing and orbital infrastructure remain much more fragmented. Starfish Space, Orbit Fab, D-Orbit, Impulse Space and Exotrail have raised roughly $1.1B combined, while no company in that group exceeds $400M.
- OneWeb's roughly $5.7B in reconstructed funding is far above satellite-connectivity peers such as Skylo, Kepler Communications, Myriota, OQ Technology and E-Space, showing the capital demands of owning a full constellation.

As this chart shows, and as featured in our space economy deck, search interest in the space economy has been rising steadily
A few word about our methodology
As you can see, we built a database that ranks startups in the space economy based on their total cumulative fundraising. To create this ranking, we reviewed many sources and cross-checked information across multiple places.
Whenever possible, we prioritized official company communications, since these are generally the most reliable sources for space economy funding amounts. When those were not available, we relied on reputable industry and financial sources such as TechCrunch, Crunchbase, Financial Times or Forbes, to name a few.
We excluded random blogs, unverified websites, and any sources that could not be validated.
When space economy funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, yuan, yen or rupees, we converted them into approximate USD equivalents for consistency.
Sometimes different sources report slightly different numbers, or the exact round size is not fully disclosed. In those cases, we flag the uncertainty and assign a confidence label to each startup, visible in the last column.
Space financing also requires careful classification because companies can raise capital through venture rounds, strategic investments, PIPE transactions, public offerings and other structures. We use a conservative approach when a financing event cannot be separated clearly.
Here is what the confidence labels mean.
Full confidence: The company’s equity fundraising history can be reconstructed completely from public sources. The rounds, dates, amounts, and key investors are clearly identified, with no meaningful gaps.
Strong confidence: The fundraising history is largely complete and reliable. There may be a small missing detail, such as incomplete investor information or a minor round with limited data, but the overall record is clear.
Partial confidence: The main fundraising rounds can be identified, but the record is incomplete or somewhat mixed. Some rounds may be missing or certain funding events may be difficult to separate clearly.
Low confidence: Public information is too limited, inconsistent, or ambiguous to reliably reconstruct the company’s equity fundraising history.
When the available evidence is too weak to produce a useful fundraising estimate, we take a conservative approach and exclude the company from the ranking. A small number of lower-confidence records can remain when a usable cumulative figure is available but parts of the financing history are incomplete.
This reflects how we conduct all our research, including the work behind our report covering the space economy.
In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.
If you want the full detail on a specific calculation, feel free to contact us and we will gladly explain.
Finally, know that we update the dataset once per month, so come back here if you need fresh information.

This chart, featured in our space economy deck, shows why SpaceX is leading in the space economy
Related blog posts
- What are the top startups in the space economy?
- How strong is fundraising in the space economy right now?
- The most highly valued startups in the space economy
- A full list of funding deals in the space economy
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