Tag: Philip Johnston
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Starcloud Seeks $200 Million Funding as Orbital Data Center Ambitions Grow
Orbital data center startup Starcloud is seeking to raise at least $200 million in new funding, a move that could double its valuation to around $2.2 billion, according to a source familiar with the matter. The funding discussions, first reported by The Information, come about a month after the Redmond, Washington-based company announced a $170…
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Starcloud Raises $170 Million to Advance Orbital AI Data Center Plans
Starcloud Inc., a startup developing space-based artificial intelligence infrastructure, said it has raised $170 million in a new funding round that values the company at $1.1 billion, as interest grows in alternatives to terrestrial data centers. The funding was secured in two tranches, with Benchmark leading the first and co-leading the second alongside EQT Ventures.…