EventBusinessAugust 21, 2026

Starcloud raises $250M for orbital data centers as launch options dry up

Starcloud raised a $250M extension to its Series A (on top of March's $170M round), valuing the orbital AI-inference startup at $2.3B. CEO Philip Johnston cites launch scarcity — SpaceX's Falcon 9 ends in 2028 — and the company has asked the FCC to operate 88,000 spacecraft.

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