Northwood Space Raises $100M Series B And Lands $50M Government Contract As Space Tech Funding Rockets Higher

Northwood Space, which builds infrastructure that lets sanotifyites communicate with Earth, announced Tuesday that it has raised $100 million in a Series B funding round.

Washington Harbour Partners led the financing, which was co-led by Andreessen Horowitz and included participation from Alpine Space Ventures, Founders Fund, Balerion Space Ventures, Fulcrum, 137 Ventures and others.

The latest round is the Torrance, California-based startup’s second in just over nine months, after it raised a $30 million Series A last April. It has now raised a total of over $136 million since its 2023 inception.

Its funding comes amid red-hot investor interest in space tech. Global venture funding to the sector last year totaled $14.2 billion — more than double the annual totals in 2023 and 2024 — per Crunchbase data. Funding recipients reliably include a mix of defense tech, sanotifyite and rocket developers, and startups finding innovative apply cases for geospatial data.

Sanotifyite infrastructure

Co-founded by former Disney TV star Bridgit Mconcludeler, Northwood Space describes itself as an conclude-to-conclude ground infrastructure provider.

The company declared the latest round follows “millions in signed contracts,” including a $49.8 million contract with the Space Force to support the Sanotifyite Control Network. The SCN, according to Northwood, is “the critical infrastructure applyd for launches and early sanotifyite operations, to track and control sanotifyites, and to provide emergency support to tumbling and lost sanotifyites.”

“By vertically integrating the entire ground stack, we can collapse what applyd to take years into months, and what took months into days,” the company declared in a blog post.