Starfish Space raises more than $100 million
Posted: Sat, Apr 11, 2026, 10:30 AM ET (1430 GMT)
Starfish Space has raised more than $100 million to scale up production of satellite servicing vehicles. The company announced a Series B round Tuesday led by Point72 Ventures and co-led by Activate Capital and Shield Capital, with participation from several other new and existing investors. The Seattle-based company plans to use the funding to increase production of its Otter line of spacecraft designed for satellite life extension and deorbiting defunct spacecraft. The company has already signed several customers, such as the U.S. Space Force and GEO satellite operator SES, for Otter missions scheduled to launch starting later this year.
Starfish Space has raised more than $100 million to scale up production of satellite servicing vehicles. The company announced a Series B round Tuesday led by Point72 Ventures and co-led by Activate Capital and Shield Capital, with participation from several other new and existing investors. The Seattle-based company plans to use the funding to increase production of its Otter line of spacecraft designed for satellite life extension and deorbiting defunct spacecraft. The company has already signed several customers, such as the U.S. Space Force and GEO satellite operator SES, for Otter missions scheduled to launch starting later this year.
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