# K2 Space

> Builds high-power satellite buses and spacecraft platforms for large commercial and defense payloads.

## Why it is interesting

Builds high-power satellite buses and spacecraft platforms for large commercial and defense payloads. Its 2026 American Dynamism 50 inclusion creates an opportunity to contextualize funding, delivery milestones, manufacturing readiness and relevant competitors.

## Profile

- **Latest funding:** Series D — $500M (July 30, 2026)
- **Latest known valuation:** $6.8B (July 30, 2026)
- **Total disclosed equity funding:** $750M
- **Stage:** growth
- **Status:** private
- **Industries:** space-tech, defense-tech, hardware-semiconductors
- **Coverage:** full
- **Last updated:** 2026-10-29
- **Latest funding investors:** Kleiner Perkins, ICONIQ Growth, Lightspeed Venture Partners, Altimeter Capital, Spark Capital

## Key facts

- July 30, 2026: raised a $500M Series D at a $6.8B valuation, co-led by Kleiner Perkins and ICONIQ Growth (Cooley).
- March 2026: first Gravitas spacecraft reached orbit.
- Torrance factory's planned production capacity of 100 satellites per year is not actual delivered annual production.
- Torrance satellite factory targets up to 100 satellites annually; this is design capacity, not achieved shipments.
- a16z AD50 2026 Systems selection; portfolio investment not implied.

## Funding history

- Series D · $500M · July 30, 2026
  Source: https://www.cooley.com/news/coverage/2026/2026-07-30-k2-space-raises-%24500-million-series
- Series C · $250M · December 11, 2025
  Source: https://www.k2space.com/

## Investors in our directory

- https://venturecapitaltracker.com/fund/kleiner-perkins
- https://venturecapitaltracker.com/fund/iconiq-growth
- https://venturecapitaltracker.com/fund/lightspeed-venture-partners-nyc
- https://venturecapitaltracker.com/fund/altimeter-capital
- https://venturecapitaltracker.com/fund/spark-capital

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 29, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/k2-space