Tukwila, Wash.-based Starfish Space says it has raised about $110 million in a funding round that will help the company execute its first satellite servicing missions and scale up operations for more business.
The Series B round was led by Point72 Ventures. Activate Capital and Shield Capital were co-leaders of the round. Additional major participants included Industrious Ventures and NightDragon. The round also drew support from several existing Starfish investors (NFX, Munich Re Ventures, Toyota Ventures and PSL Ventures) as well as new investors (Nomi Capital, Gaingels and Overlap Holdings).
The new capital adds to previous funding rounds announced in 2021, 2023 and 2024, and pushes Starfish’s total investment past the $150 million mark.
Starfish Space was founded in 2019 by engineers Austin Link and Trevor Bennett, two veterans of Jeff Bezos’ Blue Origin space venture. The company has developed a space vehicle called Otter, which is designed to rendezvous and dock with other objects in orbit — either to maneuver them into a different orbit or guide them to safe disposal.
