K2 Space Raises $110M in Series B
K2 Space has successfully raised $110M in a Series B at a $800M valuation led by Lightspeed Venture Partners, Altimeter Capital.
Company Overview
K2 Space is a Aerospace company headquartered in Torrance, CA, founded in 2022 with 90+ employees.
Develops large, high-capability satellites at small satellite price points
Fundraising Details
- Amount Raised: $110M
- Round Type: Series B
- Valuation: $800M
- Date: 2025-02-13
- Investors: Lightspeed Venture Partners, Altimeter Capital
About K2 Space
Develops large, high-capability satellites at small satellite price points The company is positioned in the Aerospace sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Torrance, CA
- Founded: 2022
- Team Size: 90+
- Industry: Aerospace
What This Means
This funding round demonstrates strong investor confidence in K2 Space's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Aerospace sector continues to attract significant investment as companies innovate to meet evolving market demands. K2 Space's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $800M valuation marks an important milestone for K2 Space, positioning the company among notable players in the Aerospace industry.
Looking Ahead
With this new capital, K2 Space is well-positioned to execute on its growth strategy and continue building innovative solutions in the Aerospace space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2025-02-13. For more information about K2 Space, visit their headquarters at Torrance, CA.
