Northwood Space announced on 2 November 2026 that it closed a $375 million Series C financing round, valuing the company at $2 billion (TechCrunch, “Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth”, 2 November 2026).
How much did Northwood Space raise in its Series C round?
Northwood Space raised $375 million in the Series C round (TechCrunch, “Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth”, 2 November 2026).
What valuation did the Series C round give Northwood Space?
The financing placed Northwood Space’s post‑money valuation at $2 billion (TechCrunch, “Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth”, 2 November 2026).
Who led the Series C round and which other investors participated?
Andreessen Horowitz and DFJ Growth co‑led the round, while Alpine Space Ventures, Washington Harbour Partners, Stepstone Activate, In‑Q‑Tel and other investors also participated (TechCrunch, “Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth”, 2 November 2026; PayloadSpace, “Northwood Space Raises $375M Series C at $2B Valuation”, date not stated).
What will the Series C funding be used for?
Northwood Space said the capital, together with a multi‑year credit facility from HSBC Innovation Banking, will fund scaling of its global ground‑station network, hiring, and delivery of existing contracts, including a $49.8 million Space Force contract to upgrade the Satellite Control Network (TechCrunch, “Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth”, 2 November 2026; Dealroom, “Northwood Space raises $375M Series C, hits $2B valuation”, date not stated).
What is Northwood Space’s total capital raised to date?
Including the Series C, Northwood Space’s total capital raised exceeds $500 million (PayloadSpace, “Northwood Space Raises $375M Series C at $2B Valuation”, date not stated).
Funding history
| Round | Amount raised | Date announced | Valuation after round |
|---|---|---|---|
| Series B | $100 million | 27 January 2026 | $1.2 billion (reported) |
| Series C | $375 million | 2 November 2026 | $2 billion |
The Series B was also co‑led by Andreessen Horowitz and included a nearly $50 million contract with the U.S. Space Force, as noted in earlier coverage (TechCrunch, “Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth”, 2 November 2026).
Sources
- TechCrunch — Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth — primary report of the financing
- PayloadSpace — Northwood Space Raises $375M Series C at $2B Valuation — details on additional investors and total capital raised
- Dealroom — Northwood Space raises $375M Series C, hits $2B valuation — summary of the round and its significance
- UA News — Northwood Space raises $375 million at a $2 billion valuation — TechCrunch — confirmation of amount and valuation.