Starcloud Valued at 2.3 Billion in New Funding

Orbital data center startup Starcloud has raised 250 million dollars at a 2.3 billion valuation. Manhattan West led the funding round with participation from Nvidia and Cisco.

Xurve View
Insights:

Orbital data center developer Starcloud raised $250 million at a $2.3 billion valuation on Friday afternoon, doubling its valuation in five months. The funding round follows a $170 million raise in March that valued the startup at $1.1 billion. Investor appetite for space infrastructure has accelerated following recent public market debuts in the aerospace sector.

Backing From Tech Leaders and Venture Capital

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.