K2 Space raises $500M Series D at $6.8B valuation
92 FOMONew investors include CapitalG; existing backers Lightspeed and Altimeter participated. Company cited selection as bus provider for Space Force Protected Tactical Satcom-Global, 30-satellite SES meoSphere tranche, and Golden Dome interceptor buses for Anduril.
Why it matters
Rapid valuation step-up reflects demand for high-power buses and early program-of-record traction.
The numbers
Details
Funding
- Round
- series d
- Lead investor
- Kleiner Perkins
- Investors
- Kleiner PerkinsICONIQCapitalGLightspeedAltimeter
Coverage
-
Reuters ·
Satellite maker K2 Space secures $6.8 billion valuation in new funding roundK2 Space raised $500 million Series D led by Kleiner Perkins and ICONIQ at a $6.8 billion valuation, more than double the prior round; total capital exceeds $1 billion with more than $1 billion in signed contracts.
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New investors include CapitalG; existing backers Lightspeed and Altimeter participated. Company cite