TAMPA, Fla. — Starcloud has raised $170 million to accelerate development of its next-generation spacecraft, reaching a $1.1 billion valuation as it awaits permission to deploy an 88,000-strong orbital data center network.
The Redmond, Washington-based startup said March 30 that the Series A round makes it the fastest company in Y Combinator's history to reach unicorn status, coming 17 months after completing an accelerator that has backed more than 5,000 ventures since 2005.
A single Starship launch could carry about 50 Starcloud-3 satellites, according to Johnston, equivalent to roughly 10 megawatts of computing capacity per launch.
