What Happened
Satellite Infrastructure Startup Expands with New Investment
Northwood Space, a satellite infrastructure startup, has raised $375 million in a Series C funding round, valuing the company at $2 billion. The funding, co-led by Andreessen Horowitz and DFJ Growth, will support the expansion of Northwood’s satellite infrastructure and help meet existing customer commitments. Founded in 2022, Northwood develops antennas, software, and other technologies to improve communication between satellites and ground-based systems. This investment was reported by Tekedia.