Our biggest round yet:
@K2SpaceCo has raised a $500M Series D at a $6.8B post-money valuation. The round was led by
@kleinerperkins and
@ICONIQCapital, with participation from
@CapitalG,
@lightspeedvp,
@AltimeterCap,
@sparkcapital, Sands Capital,
@ARKInvest,
@TRowePrice, and other existing investors.
"Scalingโ is probably the word Iโve used most often the past few months in conversations with our investors, customers, and employees when talking about whatโs next for K2 Space in 2027 and beyond:ย
--Weโre going to continue to scale up mass production, to deliver against the $1B + in contracts weโve won to-date.
--Weโre going to scale up the satellite itself, from the 20kW Mega to the 100kW class Giga. Its no longer just 100kW, but weโll save that update for another day.
The capital from the Series D will turbocharge this scaling.ย ย
Thanks to everyone who has been on this journey with us for the last four years โ let's keep building bigger.