Company intelligence

K2 Space

Torrance, CA maker of mass-produced high-power 'Mega Class' satellites that has raised over $1B and signed over $1B in commercial and government contracts.

SpaceTorrance, United StatesFounded 2022Website โ†—
Last verified Jul 2026

Key Metrics

Valuation
$6.8B (Series D, Jul 2026)
As of Jul 2026Value Add Pulse research
Total funding
$1B+ (as of Jul 2026)
As of Jul 2026Value Add Pulse research

Company Snapshot

K2 Space is a Space company, based in Torrance, United States, founded 2022. Latest valuation $6.8B (Series D, Jul 2026) (As of Jul 2026, Value Add Pulse research). Total funding $1B+ (as of Jul 2026) (As of Jul 2026).

Recent changes

  1. Aug 3, 2026K2 Space's $6.8B Mark Is a Bet on Sovereign Satellites Pulse story
  2. Jul 30, 2026Raised $500M Series D at a $6.8B valuation Bloomberg
  3. Jul 30, 2026New investor: Kleiner Perkins Bloomberg
  4. Jul 30, 2026New investor: Iconiq Capital Bloomberg
  5. Jul 30, 2026New investor: Lightspeed Venture Partners Bloomberg
Earlier changes (5)
  1. Jul 30, 2026K2 Space Raises $500M Series D at $6.8B Valuation Pulse story
  2. Jul 30, 2026K2 Space Raises $500M at $6.8B Valuation Pulse story
  3. Jul 2026First reported valuation: $6.8B (Series D, Jul 2026) Value Add Pulse enrichment
  4. Jul 2026First reported total funding: $1B+ (as of Jul 2026) Value Add Pulse enrichment
  5. Dec 13, 2025Raised $250M Series C at a $3B valuation Value Add Pulse enrichment

Funding History

2 events ยท sources dated per row
DateEventAmountValuationInvestorsSource
Jul 30, 2026Series D$500M$6.8B
Kleiner PerkinsIconiq CapitalLightspeed Venture PartnersAlphabet's CapitalGAltimeter Capital Management
outlined = lead
Pulse story
Dec 13, 2025Series C$250M$3B
Value Add Pulse research

Investors

Latest Pulse

  1. Physical AI's Biggest Week Yet: $21 BillionSix deals in seven days โ€” Lumilens, Hadrian, Terafab, Valar Atomics, Base Power and K2 Space โ€” pushed more than $21 billion into reactors, factories, satellites and chips, not a single model release among them.โ†’
  2. AI's App Layer Raised $832M in a Single WeekK2 Space, Zenity, HappyRobot and Convex raised a combined ~$832M in eight days -- satellites, AI-agent security, enterprise agents and AI-native backend infrastructure, not a single foundation model among them.โ†’
  3. K2 Space's $6.8B Mark Is a Bet on Sovereign SatellitesK2 Space's $500 million Series D at a $6.8 billion valuation is the clearest recent proof that satellite manufacturing -- not just launch -- is where investors think the next infrastructure cycle gets built.โ†’
  4. Why 2026's VC Boom Keeps Getting More ConcentratedGlobal startup funding hit a record $510 billion in H1 2026, but the gains are concentrating in fewer, much larger checks -- a pattern this week's megarounds from Commonwealth Fusion, K2 Space and Antora Energy all reinforce.โ†’
  5. K2 Space Raises $500M Series D at $6.8B ValuationK2 Space raised a $500 million Series D co-led by Kleiner Perkins and ICONIQ, valuing the large-satellite manufacturer at $6.8 billion as it targets building up to 100 large satellites a year for commercial and defense customers.โ†’
  6. K2 Space Raises $500M at $6.8B ValuationK2 Space raised a $500 million Series D at a $6.8 billion valuation, co-led by Kleiner Perkins and Iconiq, to scale production of large, high-power satellites for data-heavy communications and defense missions.โ†’

Coverage Timeline

newest first
  1. AIPhysical AI's Biggest Week Yet: $21 Billionโ†’
  2. FUNDINGAI's App Layer Raised $832M in a Single Weekโ†’
  3. FUNDINGK2 Space's $6.8B Mark Is a Bet on Sovereign Satellitesโ†’
  4. FUNDINGWhy 2026's VC Boom Keeps Getting More Concentratedโ†’
  5. FUNDINGK2 Space Raises $500M Series D at $6.8B Valuationโ†’
  6. FUNDINGK2 Space Raises $500M at $6.8B Valuationโ†’

All Coverage

AI

Physical AI's Biggest Week Yet: $21 Billion

FUNDING

AI's App Layer Raised $832M in a Single Week

FUNDING

K2 Space's $6.8B Mark Is a Bet on Sovereign Satellites

FUNDING

Why 2026's VC Boom Keeps Getting More Concentrated

FUNDING

K2 Space Raises $500M Series D at $6.8B Valuation

FUNDING

K2 Space Raises $500M at $6.8B Valuation

Value Add Research

Related Companies

More on K2 SpaceSpaceX IPO โ†’Defense Tech Tracker โ†’
Sources & methodologyshow
Where these figures come from
  • Bloombergmajor outlet1 fact
  • Value Add Pulse researchValue Add VC data3 facts

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data ยท Suggest a correction