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Space computing startup Starcloud completes $250 million new funding round, with NVIDIA participating

2026-08-22 10:07

Odaily Planet Daily News: Space computing startup Starcloud has announced the completion of a $250 million new funding round, led by Manhattan West Ventures, with participation from NVIDIA, Cisco, Benchmark, EQT, and other institutions. NVIDIA invested approximately $25 million in this round. The new funds will be used to expand satellite manufacturing facilities and advance the development of the next-generation orbital data center satellite, Starcloud-3.

Starcloud revealed that the company has deployed NVIDIA H100 data center GPUs in orbit and completed model training based on these GPUs. Currently, most space computing projects utilize edge computing chips, while Starcloud is collaborating with NVIDIA to provide test data for the future Vera Rubin Space-1 GPU, which is specifically designed for space environments. Starcloud CEO Philip Johnston has also previously stated plans to mine Bitcoin in space. (TechCrunch)