Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ growth
Space infrastructure startup Northwood Space announced it has raised $375 million in a Series C round co-led by Andreessen Horowitz and DFJ Growth, valuing the company at $2 billion. Founded in 2022 and led by CEO Bridgit Mendler, the company builds antennas and software to improve satellite communication with Earth. The new funds, along with a financial agreement with HSBC, will be used to scale operations, hire staff, and fulfill existing contracts such as a U.S. Space Force satellite control network upgrade. Open article →
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