Starfish Space raises over $100 million in Series B funding to scale its otter business line. Starfish Space has raised over $100 million in a Series B funding round led by Point72 Ventures, Activate Capital and... Starfish Space has raised over $100 million in a Series B funding round led by Point72 Ventures, Activate Capital and Shield Capital, as well as additional participation from Industrious Ventures and NightDragon. Membership required. You must be a member to access this content. Joshua Faleti. Kofoworola Joshua Faleti is the News Editor. He enjoys talking and learning about space and wants to talk about space to anyone who cares to listen. Joshua is interested in Space Law and Policy and how Space can positively impact human lives. Joshua is also a big music lover.

Tukwila's Starfish Space raises $100M-Plus Series B. * john stearns * apr 7, 2026 updated 2 hrs ago. Starfish Space, a satellite-servicing startup based in Tukwila, announced today that it has raised more than $100 million in a Series B funding round led by Point72 Ventures. Including the Series B, the company has raised more than $150 million in venture capital funding since its founding in 2019. Activate Capital and Shield Capital co-led the round. Other major participants included Industrious Ventures and NightDragon. The round also included existing Starfish investors NFX, Munich Re Ventures, Toyota Ventures, and PSL Ventures. New investors included Nomi Capital, Gaingels, and Overlap Holdings, according to a news release. The round comes amid significant technical and commercial traction for the company's Otter satellite-servicing technology. Otter is designed to conduct life-extension missions for geostationary satellites and disposal missions for low Earth orbit satellites. Starfish is a growing player in the Puget Sound area's surging space sector, which fields established and promising companies in both the Eastside and South Sound regions. Starfish's Otter satellite-servicing vehicle has missions under contract with the U.S. Space Force, SDA, NASA, SES, and others. The company has successfully launched and operated three demonstration missions in orbit, including the Remora mission in 2025 and the ongoing Otter Pup 2 mission, and is on track to fly its first full Otter missions later this year, Starfish said in today's release. In January, Starfish announced it was awarded a $52.5 million contract by the U.S. Space Force's Space Development Agency, or SDA, marking what the company called the first contracted mission for end-of-life satellite disposal service in history. "Closing this round reflects the real momentum we are seeing across both our technology and our customer base," Austin Link, co-founder of Starfish Space, said in a statement. "We have Otter missions under contract, successful demos, and our first operational mission launching this year. We're ready to help organizations get the most out of their on-orbit infrastructure." Existing investors participated heavily in the round, reflecting confidence in the company's execution and the growing demand for in-orbit servicing, the company said. "From our perspective, Starfish has made steady progress toward practical on-orbit servicing," Chris Morales, partner at Point72 Ventures, said in the release. "We believe their early traction with defense and commercial customers and successful autonomous missions show these capabilities are becoming increasingly relevant to space operations and national security." Point72 first invested in Starfish in 2024. Starfish will use the Series B proceeds to execute contracted Otter missions, scale the Otter business line to meet customer demand, and grow the team, it said. The company reported 85 employees in January.