Company intelligence

K2 Space

As of July 30, 2026, K2 Space was last valued at $6.8B (July 2026 Series D) and has raised at least $500M in equity across 1 sourced funding round.

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, USAFounded 2022Website ↗See connections →Compare with Anthropic
Last verified Jul 30, 2026

K2 Space at a glance

As of
Latest valuation
$6.8B[1]
Series D · July 2026Derived
Equity raised
$500M[2]
Across 1 sourced roundDerived
Lead investors
Kleiner Perkins, Iconiq Capital[3]
Series D · July 2026
Founded
2022[4]
Headquarters
Torrance, USA[5]
  1. [1] Latest valuation: Bloomberg, July 30, 2026
  2. [2] Equity raised: Sum of the 1 sourced equity round in the funding history below (debt, tender offers and rumored rounds excluded), July 30, 2026
  3. [3] Lead investors: Bloomberg, July 30, 2026
  4. [4] Founded: Wikidata (retrieved September 16, 2026)
  5. [5] Headquarters: Wikidata (retrieved September 16, 2026)
Ranked on: #7 Top Defense & Space Startups 2026 · #44 Largest Series C+ Rounds of 2026 (Ranked) · Get your badge →

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Company Snapshot

K2 Space is a space company, based in Torrance, USA, founded 2022.

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: Altimeter Capital Bloomberg
Earlier changes (7)
  1. Jul 30, 2026New investor: Lightspeed Venture Partners Bloomberg
  2. Jul 30, 2026New investor: CapitalG Bloomberg
  3. Jul 30, 2026K2 Space Raises $500M Series D at $6.8B Valuation Pulse story
  4. Jul 30, 2026K2 Space Raises $500M at $6.8B Valuation Pulse story
  5. Jul 2026First reported valuation: $6.8B (Series D, Jul 2026) Value Add Pulse enrichment
  6. Jul 2026First reported total funding: $1B+ (as of Jul 2026) Value Add Pulse enrichment
  7. Dec 13, 2025Raised $250M Series C at a $3B valuation Value Add Pulse enrichment

Funding history

2 equity events · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
Jul 30, 2026Series D$500M$6.8Bpost-money
Kleiner PerkinsunverifiedIconiq Capitalunverified
WithLightspeed Venture PartnersunverifiedCapitalGunverifiedAltimeter Capitalunverified
BloombergPulse story
Dec 13, 2025Series Cnot counted: no linked source$250M$3Bpost-money
—
Value Add Pulse research

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

Funding timeline · 2 rounds · $750M tracked
$0.0M$280M$560M$250MSeries CDec 25$500MSeries DJul 26

Investors

Iconiq CapitalKleiner PerkinsAltimeter CapitalCapitalGLightspeed Venture PartnersARK InvestRedpoint VenturesSpacecadet

Latest Pulse

  1. SendCutSend Hits $2.1B Valuation In Series B, Up From $1.1BSendCutSend, the Reno, Nevada custom-metal-fabrication startup, raised a Series B led by Spark that nearly doubled its valuation to $2.1 billion just five months after a $1.1 billion Series A.→
  2. Space Startups Have Raised $20.3B in 2026Global venture funding to space and satellite startups reached $20.3 billion through August 2026, already the highest annual total on record, with U.S. companies taking roughly $12.7 billion of it.→
  3. Defense Tech's Funding Boom Still Has Room to RunAnduril's talks for a $100 billion valuation, up from $61 billion two months ago, are the headline, but the real story is how deep the defense-tech funding bench has gotten behind it.→
  4. Physical AI's Biggest Week Yet: $21 BillionSix deals in seven days — Lumilens, Hadrian, Terafab, Valar Atomics, Base Power and K2 Space — pushed more than $21 billion into reactors, factories, satellites and chips, not a single model release among them.→
  5. 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.→
  6. 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.→
  7. Why Infrastructure Keeps Winning Venture's Biggest Checks2026's largest venture rounds keep going to capital-intensive, physical-infrastructure bets -- fusion, satellites, thermal storage, AI compute -- rather than software, a pattern that has held for months and looks structural, not seasonal.→
  8. 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.→
  9. 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.→
  10. 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.→
All 11 stories →

Coverage Timeline

newest first
  1. Aug 9, 2026AIPhysical AI's Biggest Week Yet: $21 Billion→
  2. Aug 7, 2026FUNDINGAI's App Layer Raised $832M in a Single Week→
  3. Aug 3, 2026FUNDINGK2 Space's $6.8B Mark Is a Bet on Sovereign Satellites→
  4. Aug 1, 2026FUNDINGWhy 2026's VC Boom Keeps Getting More Concentrated→
  5. Jul 30, 2026FUNDINGK2 Space Raises $500M Series D at $6.8B Valuation$500M Series D→
  6. Jul 30, 2026FUNDINGK2 Space Raises $500M at $6.8B Valuation$500M Series D→

All Coverage

AI

Physical AI's Biggest Week Yet: $21 Billion

AI

Physical AI's Biggest Week Yet: $21 Billion

Six deals in seven days — Lumilens, Hadrian, Terafab, Valar Atomics, Base Power and K2 Space — pushed more than $21 billion into reactors, factories, satellites and chips, not a single model release among them.

DEEP DIVE
FUNDING

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

Illustration for: AI's App Layer Raised $832M in a Single Week
FUNDING

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

K2 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.

BY THE NUMBERS
FUNDING

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

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

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

K2 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.

FUNDING

Why 2026's VC Boom Keeps Getting More Concentrated

FUNDING

Why 2026's VC Boom Keeps Getting More Concentrated

Global 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.

FUNDING

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

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

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

K2 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.

FUNDING

K2 Space Raises $500M at $6.8B Valuation

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

K2 Space Raises $500M at $6.8B Valuation

K2 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.

Value Add Research

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K2 Space FAQ

What is K2 Space's valuation?

K2 Space was last valued at $6.8B in its July 2026 Series D, according to Bloomberg (July 30, 2026).

How much has K2 Space raised?

K2 Space has raised at least $500M in equity across 1 sourced funding round tracked by Value Add VC. The most recent was a $500M Series D in July 2026 at a $6.8B post-money valuation, reported by Bloomberg. Debt financing, tender offers and secondary sales are not counted.

Who invested in K2 Space?

Lead investors in K2 Space's sourced funding rounds include Kleiner Perkins and Iconiq Capital. Per round: its July 2026 Series D was led by Kleiner Perkins and Iconiq Capital.

When was K2 Space founded and where is it based?

K2 Space was founded in 2022 and is headquartered in Torrance, USA, according to Wikidata.

Sources & methodologyshow
Where these figures come from
  • Bloombergmajor outlet2 facts
  • Value Add Pulse researchValue Add VC data2 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 ·