Northwood Space Raises $375M Series C at $2B Valuation

Northwood Space has announced the closing of a $375 million Series C round at a $2 billion valuation, co-led by a16z and DFJ Growth. The funding will support the expansion of the company's ground-station network and team, following previous contracts with the Space Force. CEO Bridgit Mendler stated that the company aims to standardize ground-station infrastructure with modular, quickly deployable antennas. Open article →