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

Last updated: 9 June 2026

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The space economy is becoming one of the most capital-intensive startup markets in the world, with private companies building rockets, satellites, orbital infrastructure, space data platforms, and commercial stations.

This list is updated every month, so founders, operators, and investors can track which space economy startups have raised the most capital over time.

The ranking is based on cumulative funding raised, which helps show where venture capital, growth capital, strategic capital, and public market financing have concentrated across the space industry.

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 $12.0B raised
Second most funded startup OneWeb, with $6.2B raised
Largest funding round SpaceX, $2.0B in March 2026
Median funding About $180M across the full ranked dataset
Share of funding captured by the top 10 About 69% of total funding in the ranking
Median time since last round About 15 months, based on latest disclosed funding dates
Startups that raised funding in the last 12 months About 40 startups, based on rounds dated June 2025 or later
Space economy companies above $1B raised 10 companies have raised at least $1B
Launch and orbital infrastructure capital leaders SpaceX, Sierra Space, Firefly Aerospace, Stoke Space, Relativity Space, Rocket Lab, iSpace, Axiom Space, and Impulse Space dominate the upper tier
Active private space economy leaders Active private startups represent the largest share of capital in the ranking
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 (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 and Starlink $12.0B 31 March 2026 $2.0B Later-stage equity Andreessen Horowitz, Fidelity, Sequoia Active Partial
2 OneWeb LEO broadband constellation $6.2B 9 August 2021 $300M Equity placement Hanwha Systems, Bharti Global, Eutelsat Acquired Partial
3 Sierra Space Spaceplanes and orbital infrastructure $2.2B 3 March 2026 $550M Series C LuminArx Capital, General Atlantic, Coatue Active Strong
4 Firefly Aerospace Launchers, landers, spacecraft $1.5B 6 August 2025 $868M IPO AE Industrial Partners, Northrop Grumman, Mitsui IPO Partial
5 Stoke Space Fully reusable launch vehicles $1.3B 5 February 2026 $860M Series D USIT, Breakthrough Energy Ventures, 776 Active Strong
6 Relativity Space 3D-printed launch vehicles $1.3B 6 January 2025 Undisclosed Later-stage / angel Fidelity, BlackRock, Tiger Global Active Strong
7 Rocket Lab Launch and space systems $1.1B 6 August 2021 $777M SPAC / PIPE Vector Capital, Future Fund, DCVC IPO Strong
8 iSpace Reusable Chinese launch vehicles $1.1B 6 February 2026 $730M Series D++ Cowin Capital, Jingming Capital, Spring Partners Active Partial
9 Axiom Space Commercial space station builder $1.0B 5 February 2026 $350M Later-stage financing QIA, Type One Ventures, 1789 Capital Active Partial
10 Impulse Space In-space mobility vehicles $1.0B 5 June 2026 $500M Series D 137 Ventures, BANNER VC, Founders Fund Active Full
11 HawkEye 360 Space RF geolocation intelligence $948M 8 May 2026 $416M IPO Goldman Sachs, Morgan Stanley, public investors IPO Partial
12 AST SpaceMobile Satellite-to-phone broadband network $844M 6 September 2024 $154M Post-IPO warrant equity Vodafone, Rakuten, American Tower IPO Strong
13 Galactic Energy Commercial launch vehicles $742M 5 September 2025 $336M Series D Beijing Commercial Space Fund, Nanjing Innovation Investment Group, Sichuan industry funds Active Strong
14 Apex Space Satellite bus manufacturing $719M 6 June 2026 $200M Growth / post-Series D Glade Brook Capital Partners, Washington Harbour Partners Active Full
15 Astra Small launch and propulsion systems $600M 8 June 2021 $500M SPAC / PIPE Holicity, BlackRock, public investors Acquired Partial
16 Astroscale Orbital debris servicing $594M 10 May 2025 $76M Post-IPO equity THE FUND, Mitsubishi Electric, Mizuho Bank IPO Partial
17 ICEYE SAR Earth observation satellites $593M 7 December 2025 $175M Series E General Catalyst, A.P. Moller Holding, Tesi Active Partial
18 Planet Labs Daily Earth imagery analytics $586M 6 December 2021 $250M SPAC PIPE CPP Investments, Koch Strategic Platforms, dMY IV IPO Strong
19 LandSpace Methane reusable launch vehicles $570M 6 December 2024 $126M Later-stage equity State advanced manufacturing fund, HongShan, Country Garden VC Active Partial
20 Spire Global Space-based data and analytics $525M 6 April 2026 $70M Post-IPO private placement Institutional purchasers, Craig-Hallum IPO Partial
21 Voyager Space Space and defense technology $520M 2 June 2025 $440M IPO NewSpace Capital, Midway, Industrious Ventures IPO Partial
22 Astranis Small GEO broadband satellites $508M 5 July 2024 $200M Series D a16z Growth, BAM Elevate, BlackRock Active Partial
23 Tomorrow.io AI weather satellite intelligence $469M 9 May 2026 $210M Series F Stonecourt Capital, HarbourVest, Pitango Active Full
24 K2 Space Large satellite platforms $426M 5 December 2025 $250M Series C Redpoint Ventures, T. Rowe Price, Hedosophia Active Full
25 CesiumAstro Space communications hardware $426M 5 February 2026 $270M Series C Trousdale Ventures, Woven Capital, Janus Henderson Active Strong
26 ABL Space Systems Containerized smallsat launch vehicles $419M 4 October 2021 $200M Series B extension T. Rowe Price, Fidelity, existing investors Active Strong
27 Isar Aerospace European small launch vehicles $417M 6 June 2024 $69M Series C extension NATO Innovation Fund, UVC Partners, existing investors Active Strong
28 Satellogic Earth observation satellite imagery $349M 5 December 2024 $10M PIPE-II / Post-IPO Liberty Strategic Capital, SoftBank, Cantor Fitzgerald IPO Partial
29 Varda Space Industries Space-made pharmaceuticals $329M 4 July 2025 $187M Series C Natural Capital, Shrug Capital, Founders Fund Active Full
30 Loft Orbital Space infrastructure as service $326M 4 January 2025 $170M Series C Tikehau Capital, Axial Partners, Bpifrance Active Full
31 Momentus Space transportation services $320M 7 May 2026 $25M Private placement Prime Movers Lab, Y Combinator, institutional investors IPO Partial
32 Synspective SAR satellite data analytics $304M 5 December 2024 $60M IPO Nomura SPARX, JAFCO, Mizuho Capital IPO Partial
33 Vast Commercial space stations $300M 1 March 2026 $300M Series A Balerion Space Ventures, QIA, IQT Active Strong
34 Xona Space Systems LEO satellite navigation infrastructure $297M 6 March 2026 $170M Series C Mohari Ventures Natural Capital, Craft Ventures, ICONIQ Active Strong
35 D-Orbit Orbital logistics services $290M 5 January 2026 $119M Series D Azimut Group, Marubeni, Seraphim Space Active Partial
36 BlackSky Real-time geospatial intelligence $283M 1 September 2021 $283M SPAC PIPE Osprey Technology, Tiger Global, Mithril Capital IPO Partial
37 Spaceflight Rideshare launch services $265M 6 November 2019 $40M Late-stage / Series D Vulcan Capital, Mitsui Acquired Partial
38 PLD Space Reusable Spanish launch vehicles $257M 3 March 2026 $209M Series C Mitsubishi Electric, CDTI, COFIDES Active Partial
39 Gilmour Space Technologies Australian rockets and satellites $245M 5 January 2026 $145M Series E NRFC, Hostplus, Future Fund Active Full
40 Deep Blue Aerospace Reusable liquid rockets $240M 7 March 2025 $69M Series B4 Tai’an Yuanwang New Energy Industry Fund Active Partial
41 ADA Space AI satellite services $233M 9 Late 2024 $74M Pre-IPO equity Hongtai Capital, Hengjian Holding, Aplus Capital Active Partial
42 Capella Space SAR satellite imaging $224M 6 January 2023 $60M Growth Equity U.S. Innovative Technology Fund Acquired Strong
43 Interstellar Technologies Japanese rockets and satellites $204M 4 January 2026 $96M Series F Woven by Toyota, SBI Group, Nomura Real Estate Development Active Partial
44 ALL.SPACE Multi-orbit smart terminals $202M 5 July 2025 $4M Later-stage / undisclosed Trinity Capital, In-Q-Tel, Seraphim Space Active Partial
45 Kepler Communications Internet connectivity for space $200M 5 April 2023 $92M Series C IA Ventures, Costanoa Ventures, Canaan Partners Active Partial
46 iQPS Small SAR satellite imagery $190M 3 March 2026 $97M Corporate minority / equity placement SKY Perfect JSAT, Mitsui Sumitomo, SMBC IPO Partial
47 Skylo Direct-to-device satellite connectivity $183M 4 February 2025 $30M Venture / growth round NGP Capital, Westly Group, Intel Capital Active Full
48 SpinLaunch Kinetic launch and satellites $180M 5 August 2025 $30M Series C ATW Partners, Kleiner Perkins, GV Active Partial
49 Orienspace Heavy commercial launch rockets $170M 5 August 2025 Undisclosed Series B-II Xinding Capital, MSA Capital, Aplus Capital Active Partial
50 Fleet Space Technologies Space-enabled mineral exploration $167M 4 December 2024 $100M Series D Teachers’ Venture Growth, Blackbird, Hostplus Active Strong
51 EnduroSat Modular satellite manufacturing services $163M 3 October 2025 $104M Series B / Growth Google Ventures, Lux Capital, Riot Ventures Active Strong
52 Starfish Space Satellite servicing vehicles $160M 4 April 2026 $110M Series B Point72 Ventures, Activate Capital, Shield Capital Active Full
53 Skyroot Aerospace Indian private launch vehicles $154M 5 May 2026 $60M Series C Sherpalo Ventures, GIC, BlackRock Active Full
54 Axelspace Microsatellite Earth observation $152M 6 August 2025 $52M IPO SMBC-GB Growth, Global Brain, Mitsui Fudosan IPO Strong
55 GHGSat Greenhouse gas emissions monitoring $149M 4 September 2025 $34M Convertible notes / debt mix Yaletown, FTQ, BDC Capital Active Partial
56 Terran Orbital Small satellite manufacturer $144M 3 October 2022 $100M Series C / convertible Lockheed Martin, AE Industrial Partners, Beach Point Acquired Partial
57 Muon Space Mission-optimized satellite constellations $136M 4 June 2025 $44M Series B1 equity Congruent Ventures, Activate Capital, ArcTern Ventures Active Strong
58 NorthStar Earth & Space Space domain awareness $134M 6 July 2024 Undisclosed Shareholder financing / Series D Telesystem Space, Investissement Québec, Cartesian Capital Group Active Partial
59 Orbex UK sustainable microlaunch rockets $129M 4 April 2024 $21M Series C extension Scottish National Investment Bank, Octopus Ventures, BGF Active Partial
60 Unseenlabs Space-based maritime RF detection $124M 3 February 2024 $92M Series C Supernova Invest, ISALT, UNEXO Active Full
61 LeoLabs Orbital radar tracking $115M 5 July 2025 $4M Unattributed VC / equity Alumni Ventures, Insight Partners, Velvet Sea Ventures Active Partial
62 Mynaric Laser communications terminals $111M 3 November 2021 $66M IPO / ADS offering Public investors, Peter Thiel, ARK Invest Acquired Partial
63 Omnispace Hybrid satellite 5G network $107M 4 February 2021 $60M Series C Fortress Investment Group, Columbia Capital, TDF Ventures Active Partial
64 Lynk Global Satellite-to-phone connectivity $106M 9 March 2025 Undisclosed Series B extension SES, RRE Ventures, One Way Ventures Active Partial
65 Albedo VLEO high-resolution imagery $97M 3 January 2024 $35M Series A-1 Standard Investments, Booz Allen Ventures, Breakthrough Energy Ventures Active Strong
66 Pixxel Hyperspectral Earth imaging satellites $95M 5 December 2024 $24M Series B extension M&G Catalyst, Glade Brook, Google Active Full
67 Slingshot Aerospace Space traffic coordination software $76M 4 December 2022 $41M Series A-2 Sway Ventures, C16 Ventures, ATX Venture Partners Active Strong
68 Exotrail Space mobility systems $75M 3 February 2023 $58M Series B Bpifrance, Eurazeo, CELAD Active Strong
69 Myriota Satellite IoT connectivity $66M 3 December 2024 $31M Series C NRFC, Main Sequence, Inter Valley Ventures Active Partial
70 OroraTech Satellite wildfire intelligence $64M 5 May 2025 $13M Series B extension BNP Paribas, Rabo Ventures, Bayern Kapital Active Strong
71 Open Cosmos End-to-end satellite missions $63M 4 September 2023 $50M Series B ETF Partners, Trill Impact, A&G Active Strong
72 Orbit Fab In-space refueling infrastructure $62M 5 March 2026 $20M Series B Stride Capital, 8090 Industries, Lockheed Martin Ventures Active Strong
73 ReOrbit Sovereign satellite systems $60M 4 September 2025 $53M Series A Springvest, Varma, Elo Active Strong
74 Agnikul Cosmos 3D-printed launch vehicle systems $58M 5 November 2025 $17M Growth equity Advenza Global, HDFC Bank, Artha Select Fund Active Strong
75 Sateliot 5G IoT satellite operator $58M 4 March 2025 $44M Series B equity portion Hyperion, SETT, Global Portfolio Investments Active Partial
76 Privateer Space data intelligence $57M 1 April 2024 $57M Series A Aero X Ventures, Lux Capital, Starburst Ventures Active Strong
77 E-Space Sustainable satellite network $50M 1 February 2022 $50M Seed Prime Movers Lab Active Full
78 Orbital Sidekick Hyperspectral infrastructure monitoring $47M 4 July 2025 $4M Convertible note Energy Innovation Capital, Temasek, Allied Minds Active Partial
79 Latitude French small launch vehicles $41M 2 January 2024 $30M Series B Crédit Mutuel Innovation, Bpifrance, Kima Ventures Active Strong
80 Rocket Factory Augsburg European microlaunch vehicles $40M 3 August 2023 $33M Series C KKR, OHB Active Partial
81 Space Forge In-space materials manufacturing $40M 2 May 2025 $30M Series A NATO Innovation Fund, World Fund, NSSIF Active Strong
82 ClearSpace Space debris removal $39M 3 February 2025 $6M Series A+ OTB Ventures, Swisscom Ventures, Luxembourg Future Fund Active Partial
83 Antaris Satellite mission software $38M 3 April 2026 $28M Series A WestWave Capital, Lockheed Martin Ventures, Streamlined Ventures Active Partial
84 Phantom Space Rockets and satellites $37M 6 March 2024 Undisclosed Bridge / Series A extension Balerion Space Ventures, Reaser Family Office, KOLH Capital Active Partial
85 Mangata Networks Multi-orbit connectivity network $33M 2 January 2022 $33M Series A Playground Global, Temasek, KT SAT Active Partial
86 Gravitics Space station modules $33M 2 February 2026 $13M Private placement Type One Ventures, Draper Associates, FJ Labs Active Partial
87 HyImpulse Hybrid-propulsion launch vehicles $32M 2 October 2025 $15M Series A Campus Founders Ventures, Helantic, GIMIC Active Partial
88 Umbra Commercial SAR satellite imagery $32M 2 April 2021 $32M Series A Nimble Ventures, CrossCut Ventures, Starbridge Ventures Active Strong
89 Dawn Aerospace Spaceplanes and propulsion $22M 2 December 2022 $20M Series A Icehouse Ventures, GD1, Movac Active Strong
90 SatSure Satellite decision intelligence $20M 6 September 2025 Undisclosed Series A extension Baring PE India, Promus Ventures, TransUnion Active Partial
91 SATLANTIS Smallsat optical payloads $19M 3 March 2022 Undisclosed Strategic investment Encino, Enagás Emprende, SEPIDES Active Partial
92 OQ Technology 5G satellite IoT network $16M 3 September 2022 $13M Series A Wa’ed Ventures, Phaistos, 5G Ventures Active Partial
93 TrustPoint Commercial GPS alternative $2M 1 October 2021 $2M Seed DCVC Active Partial
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

  • The space economy is still shaped by very large platforms: SpaceX and OneWeb alone account for more than half of the capital raised by the top ten companies.
  • Launch and orbital infrastructure remain the biggest capital sink, with Sierra Space, Stoke Space, Relativity Space, Rocket Lab, and Impulse Space together representing about $6.9B in funding.
  • Recent financing momentum is strong, since many of the largest space economy rounds were completed in 2025 or 2026, especially across reusable launch, satellite buses, and orbital infrastructure.
  • Satellite manufacturing is becoming an institutional-scale category, with Apex Space, K2 Space, CesiumAstro, Gilmour Space Technologies, and EnduroSat together raising roughly $2.0B.
  • In-space services are becoming more investable, as Varda Space Industries, Starfish Space, Orbit Fab, and Exotrail collectively raised about $626M across manufacturing, servicing, refueling, and mobility.
  • Earth observation is more fragmented than launch, with Planet Labs, ICEYE, Satellogic, Synspective, Capella Space, Axelspace, Pixxel, Unseenlabs, Albedo, and Umbra spread across different maturity stages.
  • Commercial space station companies can raise unusually large early rounds, as Vast reached $300M in one counted Series A round while Axiom Space crossed the $1.0B funding mark.
  • Investor appetite has moved beyond rockets, since Apex Space, K2 Space, CesiumAstro, Xona Space Systems, and Tomorrow.io show strong demand for satellite platforms, navigation, communications, and weather intelligence.
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 official announcements are the most reliable source for funding amounts, round dates, investors, and transaction structure. When those were not available, we relied on reputable industry sources such as TechCrunch, Crunchbase, Financial Times, SpaceNews, Payload, CNBC, Forbes, and other credible sources covering the space economy.

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, pounds, Swiss francs, Singapore dollars, Australian dollars, yen, yuan, 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.

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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