Which startups have raised the most funding in the space economy?

Last updated: 7 September 2026

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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
Chart illustrating yearly venture capital funding for space economy startups

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
Market map chart showing top companies and startups in the space economy

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.
Google Trends chart showing rising interest in the space economy

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.

Chart showing why SpaceX is leading in the space economy

This chart, featured in our space economy deck, shows why SpaceX is leading in the space economy

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