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Redmond Satellite Startup Tops $1 Billion Valuation

Starcloud's $170 million Series A funds GPU-powered satellites for space-based data centers, aiming to compete with terrestrial hyperscalers with innovative multi-GPU spacecraft.

  • On Monday, March 30, 2026, Redmond, Washington-based Starcloud announced $170 million in Series A funding, reaching a $1.1 billion valuation and becoming the fastest unicorn in Y Combinator history.
  • Permitting new data centers on Earth can take up to five years; Starcloud bypasses these constraints by utilizing unlimited solar power in low Earth orbit.
  • In November 2025, the company launched Starcloud-1, a 60-kilogram satellite carrying an Nvidia H100 GPU, achieving the milestone just 21 months after founding.
  • Later this year, Starcloud will launch Starcloud-2 with Nvidia's Blackwell B200 chip, while developing Starcloud-3 to launch from SpaceX's Starship using a "Pez dispenser" system.
  • While competitors like Aetherflux and Google's Project Suncatcher pursue space-based computing, CEO Philip Johnston acknowledges orbital data centers won't displace terrestrial facilities soon, though he expects the sector to become the fastest growing segment within a decade.
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Starcloud Raises $170M Series A at $1.1bn Valuation Led by Benchmark and EQT Ventures

REDMOND, Wash.--(BUSINESS WIRE)--Mar 30, 2026-

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Las Vegas Sun broke the news in Las Vegas, United States on Monday, March 30, 2026.
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