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Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth

Northwood Space raised $375 million in a Series C funding round co-led by Andreessen Horowitz and DFJ Growth. The investment values the space infrastructure company at $2 billion and brings its total capital raised to over $500 million. The company intends to use the funds to expand its shared satellite ground network, which connects satellites to Earth. Founded by former Disney Channel star Bridgit Mendler, the startup focuses on ground station infrastructure rather than rocket manufacturing.

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  • ✓ Northwood Space raised $375 million in a Series C funding round.
  • ✓ The funding round was co-led by Andreessen Horowitz and DFJ Growth.
  • ✓ The investment values Northwood Space at $2 billion.
  • ✓ The company will use the capital to expand its shared satellite ground network.
🛡️ Source Corroboration: 13 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

Northwood Space closed a $375 million Series C round led by a16z and DFJ Growth.

Live updates

  1. Northwood Space secures $375M Series C at $2B valuation

    Northwood Space raised $375 million in a Series C funding round co-led by Andreessen Horowitz and DFJ Growth. The investment values the space infrastructure company at $2 billion and brings its total capital raised to over $500 million. The company intends to use the funds to expand its shared satellite ground network, which connects satellites to Earth. Founded by former Disney Channel star Bridgit Mendler, the startup focuses on ground station infrastructure rather than rocket manufacturing.

    Why it matters

    Ground stations are the critical link for data transmission between orbital assets and terrestrial users. Expanding this network reduces bottlenecks for satellite operators. Northwood's valuation reflects growing investor interest in the supporting infrastructure of the space economy.

    What is confirmed

    • Northwood Space raised $375 million in a Series C funding round.
    • The funding round was co-led by Andreessen Horowitz and DFJ Growth.
    • The investment values Northwood Space at $2 billion.
    • The company will use the capital to expand its shared satellite ground network.
    • Northwood Space has raised more than $500 million in total capital.
    • Bridgit Mendler is the founder of Northwood Space.

    What to watch next

    • Announcement of specific new ground station locations
    • Partnership agreements with satellite operators using the expanded network
    Sources used for this update (13)
    1. TechCrunch — Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth
    2. Bloomberg.com — Northwood Hits $2 Billion Valuation Backed by a16z, DFJ Growth
    3. Axios — Startup Northwood Space hits $2 billion valuation
    4. Pulse 2.0 — Northwood Raises $375 Million Series C To Expand Satellite Ground Network
    5. Quartz — Northwood Space raised $375 million, reaching a $2 billion valuation
    6. inc.com — A Former Disney Channel Star Just Raised $375 Million for Her Space Startup. It Isn't Building Rockets
    7. Aviation Week — Northwood Space Raises $375M In Series C Funding Round
    8. Ventureburn — Northwood Raises $375 Million to Expand Satellite Ground Network
    9. techcrunch.com — Northwood Space raises $375M Series C at a $2B valuation from ...
    10. payloadspace.com — Northwood Space Raises $375M Series C at $2B Valuation
    11. www.northwoodspace.io — Northwood raises $375 million to build the network connecting ...
    12. techfundingnews.com — Northwood hits $2B valuation: Ex-Disney star’s ground station ...
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