Starcloud secured a $250 Million funding round that brings its ambitious plan to deploy 88,000-Satellite for orbital AI compute into the spotlight at a $2.3 Billion valuation.

Starcloud has secured $250 million in fresh funding at a post-money valuation of $2.3 billion, providing the space-based data center startup with additional capital to expand artificial intelligence computing infrastructure beyond Earth. The financing represents a sharp increase in the company’s valuation within months, more than doubling the $1.1 billion figure attached to its March round, when it raised $170 million. With this latest transaction, total capital raised since its founding in 2024 has reached $450 million, with $420 million coming from the March and current rounds alone.

Manhattan West led the new funding round. Nvidia and Cisco Investments joined as new investors, while existing backers Benchmark, EQT, and Soma also participated. Following the investment, Manhattan West’s Lauren Selig has joined Starcloud’s board as an observer.

While the size of the round is notable, Starcloud’s operational targets clarify the scope of its ambitions. The company is developing a constellation of 88,000 satellites designed to deliver 20 gigawatts of orbital computing capacity. This goal underscores a broader industry push to relocate increasingly powerful computing infrastructure into space, a segment that has seen renewed investor attention alongside the wider space economy.

Founded by Philip Johnston alongside co-founders Ezra Feilden and Adi Oltean, Starcloud is collaborating with Nvidia on the Nvidia Space-1 Vera Rubin Module. The hardware is being engineered specifically to withstand the radiation and extreme environmental conditions of orbit, distinguishing Starcloud’s approach from simply mounting conventional terrestrial equipment on satellites. Part of the newly raised capital will support this engineering partnership, while additional funds will be allocated to expand manufacturing capacity and procure components for upcoming products. No further technical specifications for the module were released alongside the funding announcement.

Alongside its long-term orbital objectives, Starcloud is scaling terrestrial operations. The company is constructing a 100,000-square-foot manufacturing facility in Woodinville, Washington, where it will develop its next-generation Starcloud-3 spacecraft. This ground-based expansion serves as a more immediate indicator of the company’s growth trajectory than its eventual 88,000-satellite target. The latest financing is expected to accelerate manufacturing capabilities as Starcloud prepares newer spacecraft and computing hardware for deployment.

For Starcloud, the $250 million round consolidates three core strategic pillars: co-developing space-rated computing hardware with Nvidia, expanding spacecraft manufacturing in Washington state, and advancing toward a massive satellite network capable of hosting substantial AI workloads. While the 88,000-satellite constellation remains an ambitious long-term objective, the current funding provides the necessary resources to build the engineering and manufacturing foundations required for the next phase of development.