Starfish Space has raised more than $100m in a Series B funding round led by Point72 Ventures, with participation from a broad syndicate of strategic and financial investors, including Munich Re Ventures.
The round also included backing from Activate Capital, Shield Capital, Industrious Ventures, NightDragon, NFX, Toyota Ventures, PSL Ventures, Nomi Capital, Gaingels, and Overlap Holdings.
Seattle-based Starfish Space develops in-orbit satellite servicing technology through its Otter spacecraft platform, designed to extend the life of geostationary satellites and support end-of-life disposal in low Earth orbit.
The company has secured contracts with clients including the US Space Force, NASA, and SES, and has already completed multiple in-orbit demonstration missions.
The new capital will be used to execute contracted Otter missions, scale its satellite servicing operations, and expand its engineering and commercial teams.
The investment highlights continued institutional and corporate interest in in-orbit servicing technologies, as satellite operators and defence agencies seek more sustainable and cost-efficient approaches to asset management in space.
