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Space computing company Starcloud completes $170 million Series A funding, with a valuation of $1.1 billion

2026-03-31 03:57:42

BTC-1.07%

Gate News, March 31, space computing startup Starcloud announced it completed $170 million Series A funding at a $1.1 billion valuation, led by Benchmark and EQT Ventures. As of now, its total funding has reached $200 million. It is reported that Starcloud will roll out the Starcloud 2 satellite later this year, which will be equipped with multiple GPUs (including Nvidia Blackwell chips), AWS server blades, and a Bitcoin mining rig. The company’s CEO, Philip Johnston, said Starcloud 2 will become the first space Bitcoin mining satellite, and called space mining the direction of the future. In addition, the company will also develop a data center ship called Starcloud 3, which is expected to be launched by SpaceX’s heavy-lift rocket “Starship.”

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