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 no longer only about rockets, it now includes satellites, connectivity, Earth observation, orbital services, space stations, and in-space manufacturing.
This list is refreshed every month, so investors, founders, and market researchers can track which space economy startups are raising the most capital.
The ranking shows a market where a few very large companies capture most of the funding, while many specialized startups build deeper infrastructure layers.
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 startup | SpaceX, with $9.7B raised |
| Second most funded startup | OneWeb, with $5.7B raised |
| Largest funding round | SpaceX, $750M tender / secondary round |
| Median funding | About $175M across the reliable startup set |
| Share of funding captured by the top 10 | About 61.5% of disclosed funding |
| Median time since last round | About 19 months |
| Startups that raised funding in the last 12 months | 35 startups |
| Active private space economy funding base | About $32.4B across active private companies |
| Space economy IPO and public outcome count | 12 public companies in the reliable set |
| Satellite connectivity funding concentration | OneWeb, Astranis, CesiumAstro, Skylo, ReOrbit, and OQ Technology total about $7.2B |

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 (e.g. Series A, equity financing), key investors, the startup’s current status (active, IPO, acquired, or shut down), and a confidence score based on the data collected (we excluded startups with very low data confidence, to make sure everything is reliable).
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 | Reusable rockets | $9.7B | 11 | 2023 | $750M | Tender / Secondary | Fidelity, Google, Founders Fund | Active | Partial |
| 2 | OneWeb | LEO broadband satellite network | $5.7B | 8 | August 2021 | $300M | Strategic equity | Hanwha Systems, Bharti Global, Eutelsat | Acquired | Strong |
| 3 | Voyager Space | Space infrastructure | $2.0B | 5 | 2023 | Undisclosed | Strategic round | Mitsubishi, Marubeni | Active | Strong |
| 4 | Sierra Space | Spaceplanes | $1.7B | 4 | 2023 | Undisclosed | Growth | BlackRock, MUFG | Active | Strong |
| 5 | Relativity Space | 3D rockets | $1.3B | 5 | 2023 | Undisclosed | Growth | Fidelity, BlackRock | Active | Strong |
| 6 | iSpace | Reusable Chinese launch vehicles | $1.2B | 7 | February 2026 | $729M | Series D++ | Cowin Capital, Jingming Capital, Spring Partners | Active | Partial |
| 7 | Firefly Aerospace | Launch vehicles | $1.1B | 6 | 2023 | Undisclosed | Strategic | Northrop Grumman | Active | Partial |
| 8 | ICEYE | SAR satellite imaging | $1.1B | 8 | June 2026 | $520M | Series F | General Atlantic, Solidium, Tesi | Active | Strong |
| 9 | Impulse Space | In-space mobility vehicles | $1.0B | 6 | June 2026 | $500M | Series D | 137 Ventures, BANNER VC, Founders Fund | Active | Full |
| 10 | Planet Labs | Daily Earth imagery | $974M | 6 | December 2021 | $590M | SPAC / PIPE | dMY IV, CPP Investments, Koch Strategic Platforms | IPO | Strong |
| 11 | Astranis | MicroGEO broadband satellites | $808M | 6 | May 2026 | $300M | Series E | Snowpoint Ventures, Franklin Templeton, Andreessen Horowitz | Active | Strong |
| 12 | ADA Space | AI satellite computing constellation | $756M | 5 | April 2026 | $517M | Pre-IPO / growth equity | Hongtai Fund, Shenzhen Capital Group, Galaxy Industry | Active | Partial |
| 13 | Galactic Energy | Ceres and Pallas launch vehicles | $742M | 5 | September 2025 | $336M | Series D | Beijing Commercial Aerospace Fund, Nanjing Innovation Investment, Sichuan funds | Active | Strong |
| 14 | Isar Aerospace | European small launch vehicles | $730M | 6 | June 2026 | $312M | Series D | Island Green Capital, Molten Ventures, HV Capital | Active | Strong |
| 15 | Astra | Launch vehicles and spacecraft engines | $637M | 8 | July 2021 | $500M | SPAC / PIPE | BlackRock, Holicity, ACME | Acquired | Partial |
| 16 | York Space Systems | Defense satellite manufacturing | $629M | 1 | January 2026 | $629M | IPO | Public investors, AE Industrial Partners, BlackRock | IPO | Partial |
| 17 | Astroscale | Orbital servicing and debris removal | $611M | 12 | May 2025 | $75M | Post-IPO Equity | Public-market investors, Mizuho Bank, Mitsubishi Electric | IPO | Strong |
| 18 | Axiom Space | Space station | $580M | 5 | 2023 | Undisclosed | Growth | C5 Capital, Hemisphere | Active | Strong |
| 19 | AST SpaceMobile | Direct-to-phone satellite broadband | $561M | 4 | July 2025 | $203M | Post-IPO private placement | Google, Vodafone, Rakuten | IPO | Partial |
| 20 | Spire Global | Space-based data analytics | $554M | 8 | April 2026 | $70M | Post-IPO Private Placement | Institutional investors | IPO | Partial |
| 21 | HawkEye 360 | RF geospatial intelligence satellites | $543M | 8 | March 2026 | $23M | Series E extension | Ghisallo, Principia Growth, Sixty Degree Capital | Active | Partial |
| 22 | Apex Space | Configurable satellite bus manufacturing | $519M | 5 | June 2026 | $200M | Growth funding | Glade Brook Capital Partners, Washington Harbour Partners | Active | Strong |
| 23 | Rocket Lab | Small launch | $489M | 6 | 2021 | $0 | IPO | Khosla, Lockheed Martin | IPO | Strong |
| 24 | LandSpace | Methane orbital launch vehicles | $462M | 6 | December 2024 | $126M | Strategic financing | State-backed advanced manufacturing fund | Active | Partial |
| 25 | Terran Orbital | Modular satellite manufacturer | $431M | 2 | March 2022 | $395M | SPAC / PIPE | Lockheed Martin, AE Industrial Partners, Beach Point Capital | Acquired | Partial |
| 26 | Tomorrow.io | AI weather satellite intelligence | $430M | 9 | February 2026 | $175M | Series F / Equity financing | Stonecourt Capital, HarbourVest | Active | Strong |
| 27 | K2 Space | Large high-power satellite buses | $426M | 5 | December 2025 | $250M | Series C | Redpoint Ventures, T. Rowe Price, Lightspeed Venture Partners | Active | Strong |
| 28 | CesiumAstro | Space communications systems | $422M | 5 | February 2026 | $270M | Series C | Trousdale Ventures, Woven Capital, Janus Henderson | Active | Full |
| 29 | ABL Space Systems | Responsive launch and missile systems | $419M | 4 | October 2021 | $200M | Series B extension | T. Rowe Price, Fidelity, Lockheed Martin Ventures | Active | Strong |
| 30 | BlackSky | Real-time geospatial intelligence | $379M | 4 | March 2023 | $30M | Post-IPO Equity | Institutional investors, RRE Ventures | IPO | Partial |
| 31 | Vast | Space stations | $370M | 3 | 2024 | Undisclosed | Series A | Founders Fund | Active | Partial |
| 32 | Momentus | Space transportation and infrastructure | $342M | 8 | June 2026 | $25M | Registered Direct Offering | Institutional investors, Stable Road, Prime Movers Lab | IPO | Partial |
| 33 | Satellogic | Earth observation satellite imagery | $337M | 5 | December 2024 | $10M | Private placement | Undisclosed institutional investor | IPO | Partial |
| 34 | Varda Space Industries | In-space pharmaceutical manufacturing | $328M | 4 | July 2025 | $187M | Series C | Natural Capital, Shrug Capital, Founders Fund | Active | Full |
| 35 | Stoke Space | Reusable rockets | $320M | 3 | 2024 | Undisclosed | Series B | Coatue, Breakthrough Energy | Active | Partial |
| 36 | Loft Orbital | Space infrastructure as service | $316M | 4 | January 2025 | $170M | Series C | Tikehau Capital, Axial Partners, Bpifrance | Active | Strong |
| 37 | Synspective | SAR Earth observation satellites | $287M | 5 | December 2024 | $60M | IPO | Public investors, Nomura, underwriters | IPO | Strong |
| 38 | PLD Space | Spanish reusable launch vehicles | $279M | 4 | March 2026 | $196M | Series C | Mitsubishi Electric, CDTI/INNVIERTE, COFIDES | Active | Partial |
| 39 | Gilmour Space Technologies | Australian launch and satellites | $244M | 5 | January 2026 | $145M | Series E | NRFC, Hostplus, Blackbird | Active | Full |
| 40 | D-Orbit | Space logistics and transfer vehicles | $236M | 5 | January 2026 | $53M | Late-stage / Series D-equivalent | Marubeni, Seraphim Space, CDP Venture Capital | Active | Partial |
| 41 | Spaceflight | Launch rideshare mission services | $236M | 4 | November 2019 | $40M | Later-stage equity | Vulcan Capital, Mitsui, other investors | Acquired | Partial |
| 42 | Capella Space | SAR Earth observation | $234M | 5 | January 2023 | $60M | Growth Equity | U.S. Innovative Technology Fund | Active | Strong |
| 43 | Interstellar Technologies | Japanese small-launch infrastructure | $213M | 9 | January 2026 | $130M | Series F | Woven by Toyota, SBI Group, Nomura Real Estate | Active | Partial |
| 44 | iQPS | Small SAR satellite data | $187M | 4 | March 2026 | $97M | Post-IPO corporate minority | Not fully disclosed | IPO | Partial |
| 45 | Skylo | Direct-to-device satellite connectivity | $183M | 4 | February 2025 | $30M | Series C extension | NGP Capital, Westly Group, Intel Capital | Active | Full |
| 46 | SpinLaunch | Kinetic launch and satellites | $175M | 6 | August 2025 | $30M | Other equity | ATW Partners, Kongsberg, GV | Active | Partial |
| 47 | Kepler Communications | In-space data relay network | $173M | 4 | April 2023 | $92M | Series C | IA Ventures, Costanoa Ventures, Canaan Partners | Active | Partial |
| 48 | Orienspace | Gravity-series launch vehicles | $171M | 3 | August 2025 | $27M | Series B+ | Tai’an Hongtai Future Industry Fund | Active | Partial |
| 49 | Fleet Space Technologies | Satellite mineral exploration platform | $167M | 4 | December 2024 | $100M | Series D | Teachers’ Venture Growth, Blackbird Ventures, Hostplus | Active | Full |
| 50 | EnduroSat | Small satellite manufacturing platforms | $167M | 3 | October 2025 | $104M | Series B | Riot Ventures, GV, Lux Capital | Active | Partial |
| 51 | Starfish Space | On-orbit satellite servicing | $167M | 4 | April 2026 | $110M | Series B | Point72 Ventures, Activate Capital, Shield Capital | Active | Strong |
| 52 | Skyroot Aerospace | Indian private launch vehicles | $158M | 6 | May 2026 | $60M | Series C | Sherpalo Ventures, GIC, BlackRock | Active | Strong |
| 53 | ALL.SPACE | Multi-orbit satcom terminals | $141M | 6 | October 2024 | $44M | Growth Equity | BOKA Group, AE Ventures, Seraphim Space | Active | Partial |
| 54 | Muon Space | Mission-tailored satellite constellations | $136M | 4 | June 2025 | $45M | Series B1 equity | Congruent Ventures, Activate Capital, ArcTern Ventures | Active | Full |
| 55 | GHGSat | Greenhouse gas monitoring satellites | $134M | 4 | September 2025 | $35M | Mixed financing | Not fully disclosed | Active | Partial |
| 56 | Unseenlabs | RF maritime surveillance satellites | $125M | 3 | February 2024 | $92M | Series C | Supernova Invest, ISALT, UNEXO | Active | Strong |
| 57 | Orbex | UK orbital micro-launch vehicles | $121M | 4 | January 2025 | $29M | Series D | UK Government, EIFO, Octopus Ventures | Active | Partial |
| 58 | Xona Space Systems | LEO satellite navigation services | $117M | 4 | June 2025 | $72M | Series B | Craft Ventures, Stellar Ventures, Toyota Ventures | Active | Partial |
| 59 | LeoLabs | Space object tracking radars | $111M | 4 | February 2024 | $29M | Series B extension | 1941, Dolby Family Ventures, Insight Partners | Active | Strong |
| 60 | Mynaric | Laser satellite communications | $108M | 2 | November 2021 | $76M | Public offering | Public investors, Credit Suisse, Jefferies | Acquired | Partial |
| 61 | Omnispace | Hybrid satellite 5G | $107M | 4 | February 2021 | $60M | Series C | Fortress Investment, Columbia Capital, Greenspring Associates | Active | Partial |
| 62 | Axelspace | Microsatellite Earth observation | $107M | 5 | December 2023 | $44M | Series D | SMBC-GB Growth, Mitsubishi UFJ Capital, SBI Investment | IPO | Strong |
| 63 | Deep Blue Aerospace | Reusable liquid-fueled rockets | $102M | 6 | March 2025 | $70M | Series B / B4 | Tai’an Yuanwang New Energy Industry Investment Fund | Active | Partial |
| 64 | Albedo | VLEO high-resolution satellites | $97M | 7 | August 2024 | $3M | Venture / undisclosed | Regah Ventures, Initialized Capital | Active | Strong |
| 65 | Lynk Global | Direct-to-phone satellite network | $95M | 4 | February 2025 | $85M | Series B | SES, RRE Ventures, One Way Ventures | Active | Partial |
| 66 | Pixxel | Hyperspectral Earth imaging | $92M | 5 | December 2024 | $24M | Series B extension | M&G Catalyst, Glade Brook Capital, Google | Active | Strong |
| 67 | Slingshot Aerospace | Space traffic intelligence software | $77M | 4 | December 2022 | $41M | Series A-2 | Sway Ventures, C16 Ventures, Lockheed Martin Ventures | Active | Strong |
| 68 | Exotrail | Electric propulsion and space mobility | $75M | 3 | February 2023 | $58M | Series B | Bpifrance, Eurazeo, CELAD | Active | Strong |
| 69 | Myriota | Satellite IoT connectivity | $68M | 4 | December 2024 | $31M | Series C / Growth | NRFC, Main Sequence, Inter Valley Ventures | Active | Strong |
| 70 | Orbit Fab | In-orbit satellite refueling | $63M | 5 | March 2026 | Undisclosed | Series B | 8090 Industries, Lockheed Martin Ventures, Asymmetry Ventures | Active | Partial |
| 71 | OroraTech | Satellite wildfire intelligence | $63M | 4 | May 2025 | $13M | Series B extension | BNP Paribas Solar Impulse, Rabo Ventures, Bayern Kapital | Active | Strong |
| 72 | Open Cosmos | Satellite missions and data | $63M | 4 | September 2023 | $50M | Series B | ETF Partners, Trill Impact, A&G | Active | Partial |
| 73 | ReOrbit | Sovereign software satellites | $60M | 2 | September 2025 | $53M | Series A | Springvest, Varma, Elo | Active | Full |
| 74 | Sateliot | 5G IoT satellite network | $58M | 2 | March 2025 | $47M | Series B | Hyperion Fund, SETT, Global Portfolio Investments | Active | Partial |
| 75 | Agnikul Cosmos | 3D-printed small launch vehicles | $58M | 5 | November 2025 | $17M | Growth equity | Advenza Global, Atharva Green Ecotech, HDFC Bank | Active | Partial |
| 76 | Privateer | Space data intelligence platform | $57M | 1 | May 2024 | $57M | Series A | Aero X Ventures, Lux Capital, Starburst Ventures | Active | Partial |
| 77 | OQ Technology | 5G satellite IoT operator | $50M | 3 | October 2024 | $35M | Series B | SES, Wa’ed Ventures, 5G Ventures | Active | Strong |
| 78 | NorthStar Earth & Space | Space-based SSA monitoring | $50M | 2 | July 2024 | Undisclosed | Shareholder financing | Telesystem Space | Active | Partial |
| 79 | E-Space | Secure satellite mesh network | $50M | 1 | February 2022 | $50M | Seed | Prime Movers Lab | Active | Strong |
| 80 | Orbital Sidekick | Hyperspectral monitoring satellites | $48M | 8 | January 2023 | $10M | Strategic investment | Energy Innovation Capital, Williams, ONEOK | Active | Partial |
| 81 | Dawn Aerospace | Spaceplanes and satellite propulsion | $47M | 8 | June 2026 | $25M | Series B | Balerion Space Ventures, ANA Future Frontier Fund, Mana Ventures | Active | Strong |
| 82 | Latitude | French smallsat launch vehicles | $40M | 2 | January 2024 | $30M | Series B | Crédit Mutuel Innovation, Expansion, Bpifrance | Active | Strong |
| 83 | Space Forge | In-space materials manufacturing | $40M | 2 | May 2025 | $30M | Series A | NATO Innovation Fund, World Fund, NSSIF | Active | Strong |
| 84 | Antaris | Satellite mission software platform | $38M | 3 | March 2026 | $28M | Series A | WestWave Capital, Lockheed Martin Ventures, Streamlined Ventures | Active | Partial |
| 85 | Phantom Space | Launch vehicles and satellites | $37M | 6 | March 2024 | Undisclosed | Bridge / Series A | Balerion Space Ventures, Reaser Family Office, KOLH Capital | Active | Partial |
| 86 | ClearSpace | Space debris removal services | $33M | 2 | January 2023 | $29M | Series A | OTB Ventures, Swisscom Ventures, Lakestar | Active | Partial |
| 87 | Mangata Networks | Satellite edge connectivity network | $33M | 1 | January 2022 | $33M | Series A | Playground Global, Temasek, ktsat | Active | Partial |
| 88 | Umbra | SAR satellite imagery | $32M | 2 | January 2021 | $32M | Series A | Nimble Ventures, CrossCut Ventures, Starbridge Ventures | Active | Strong |
| 89 | HyImpulse | Hybrid-propulsion launch vehicles | $23M | 2 | October 2025 | $18M | Series A | Campus Founders Ventures, Helantic, GIMIC | Active | Partial |
| 90 | SatSure | Satellite analytics for risk | $22M | 4 | September 2025 | $2M | Series A extension | Baring PE India, Promus Ventures, ADB Ventures | Active | Partial |
| 91 | Gravitics | Space station infrastructure modules | $20M | 1 | November 2022 | $20M | Seed | Type One Ventures, Draper Associates, FJ Labs | Active | Full |
| 92 | TrustPoint | GPS-independent PNT satellites | $2M | 1 | October 2021 | $2M | Seed | DCVC | 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 highly concentrated: the top 10 companies represent about 61.5% of the reliable disclosed funding base, led by SpaceX and OneWeb.
- Satellite connectivity remains the deepest capital category. OneWeb, Astranis, CesiumAstro, Skylo, ReOrbit, and OQ Technology together raised about $7.2B across broadband, terminals, IoT, and software-defined satellites.
- Recent 2026 rounds show strong investor appetite for space infrastructure, with ICEYE, Impulse Space, Astranis, Isar Aerospace, Apex Space, Tomorrow.io, and CesiumAstro raising about $2.3B combined.
- Earth observation and space-data startups have become a broad investment theme, with ICEYE, Planet Labs, Tomorrow.io, Synspective, Capella, Fleet Space, Unseenlabs, LeoLabs, Albedo, Pixxel, Myriota, OroraTech, and Umbra totaling about $3.9B.
- Launch remains capital intensive but fragmented. Relativity Space, Galactic Energy, Isar Aerospace, Rocket Lab, ABL Space Systems, Gilmour Space, Skyroot, and Latitude together represent roughly $4.4B.
- Orbital infrastructure is moving beyond launch. Impulse Space, Astroscale, Varda, Loft Orbital, Starfish Space, Slingshot Aerospace, and Exotrail raised about $2.6B across mobility, servicing, manufacturing, and traffic intelligence.
- The $50M to $200M funding band is crowded with vertical applications such as wildfire intelligence, maritime RF monitoring, IoT connectivity, SSA, hyperspectral imaging, and satellite software.
- Large late-stage rounds increasingly cluster around defense, resilience, and sovereign infrastructure, especially in ICEYE, Impulse Space, Isar Aerospace, Astranis, CesiumAstro, K2 Space, and Apex Space.

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 they are the most reliable source for funding amounts. When those were not available, we relied on reputable industry 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 funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, 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.
Here is what they 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 confidence level is too low, we take a conservative approach and exclude the company from the ranking. We don’t want to include data that cannot be reliably verified.
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
- The latest news shaping the space economy
- The most recent funding news in the space economy
- What is new in the space economy right now?
- The evolution of funding activity in the space economy
- The main fundraising trends in the space economy
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