Starcloud founders from left: Ezra Feilden (CTO), Philip Johnston (CEO) and Adi Oltean (Chief Engineer) Credit: Starcloud

TAMPA, Fla. — Starcloud has raised $250 million to accelerate its orbital data center constellation plans from investors including Nvidia, which is also backing SpaceX as the race to deploy AI computing infrastructure in space gains momentum.

The Redmond, Washington-based startup said Aug. 21 that investment firm Manhattan West led the Series A funding round extension that doubled its valuation to $2.3 billion, bringing total capital raised since being founded in 2024 to $450 million.

The additional capital is intended to help build out manufacturing capacity, procure rocket launches and support engineering work with Nvidia, which unveiled a computing system in March called the Space-1 Vera Rubin Module to bring more powerful AI processing to satellites.

Starcloud’s first satellite, the 60-kilogram Starcloud-1 that SpaceX launched in November, was the first to run Nvidia’s H100 graphics processing unit in low Earth orbit. The venture said it used the satellite to train an AI model and run a version of Google’s Gemini in space.