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Space data center startup Starcloud raised a $170M Series A led by Benchmark and EQT at a $1.1B valuation, and plans to launch Starcloud 2 later in 2026 (Tim Fernholz/TechCrunch)

By TechMeme · 2026-03-30
Space data center startup Starcloud raised a $170M Series A led by Benchmark and EQT at a $1.1B valuation, and plans to launch Starcloud 2 later in 2026 (Tim Fernholz/TechCrunch)
Why it matters: Starcloud's $170 million Series A funding at a $1.1 billion valuation enables the launch of Starcloud 2 by late 2026.
Space data center startup Starcloud secured a massive $170 million Series A funding round, co-led by Benchmark and EQT, catapulting its valuation to $1.1 billion and making it one of the fastest-growing space compute companies. This significant investment will fuel its ambitious plans to launch Starcloud 2, its next-generation space data center, by late 2026.

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