With the addition of this $500M Series D, K2 Space has cumulatively raised over $1 billion in capital. This comes on the heels of $1 billion in signed commercial and government contracts to build the… | K2 Space Corporation
Summary
K2 Space raised $500 million in a Series D round at a $6.8 billion post-money valuation. The company says the new capital will help it scale satellite mass production and expand its platform from the 20kW Mega to the 100kW-class Giga. K2 Space also says it has secured more than $1 billion in commercial and government contracts. The round was led by Kleiner Perkins and ICONIQ with participation from several other investors. The company plans to use the funds to accelerate production and support growth over the next few years.
Funding
Amount
$500.0M
Total raised
Date
June 30, 2026
Announcement date
Investors
T. Rowe Price, Altimeter Capital, ARK Investment Management, CapitalG, Kleiner Perkins Caufield & Byers, Lightspeed India, ICONIQ Capital, Sands Capital Management, Sands Capital Ventures, Spark Capital LLC
Lead investors
Company
https://www.k2space.com
Funded company
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