๐ K2 Space closes $500M Series D at $6.8B valuation to scale LEO satellite manufacturing
K2 Space, a low-Earth orbit satellite manufacturer, raised $500 million in a Series D co-led by Kleiner Perkins and ICONIQ Growth, with CapitalG, Lightspeed, and ARK Invest also in the round. The deal values the company at $6.8 billion and signals strong investor appetite for space infrastructure. With Starlink already dominant, does K2 Space have a real shot at carving out its own lane?
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