K2 Space US$500m Series D
K2 Space, which builds large, high-power satellite buses, raised US$500m to expand production to at least 100 satellites a year.
- Company
- K2 Space
- Type
- Venture round
- Status
- Completed
- Date
- 30 Jul 2026
- Value
- US$500m
- Value basis
- US$500m at a US$6.8bn post-money valuation
- Region
- US
- Segment
- Spacecraft and components
Parties
- K2 Space issuer
- Kleiner Perkins co-lead
- ICONIQ co-lead
Key terms
- Valuation
- US$6.8bn post-money
- Co-leads
- Kleiner Perkins, ICONIQ
- Also investing
- CapitalG, Lightspeed Venture Partners, Altimeter, Spark Capital, Sands Capital, ARK Invest, accounts advised by T. Rowe Price Associates
- Previous round
- US$250m Series C at US$3bn, Dec 2025
Sources
- Payload: K2 Space raises US$500m Series D at US$6.8bn valuation payloadspace.com · 31 Jul 2026
- Cosmic Log: K2 Space raises US$500m to build big, powerful satellites cosmiclog.com · 30 Jul 2026
Record ORB-INV-2026-0034. Investments are kept apart from the financings register and never counted in debt totals.
