Starfish Space raises $14M to advance development of satellite servicing vehicles

Starfish Space raises $14M to advance development of satellite servicing vehicles Main Photo

16 Mar 2023


News

Starfish Space, a Seattle-area startup founded by two veterans of Jeff Bezos’ Blue Origin space venture, has raised $14 million in funding to support its plans to develop spacecraft capable of hooking up with bigger satellites to boost their orbits — or safely dispose of them.

The Series A funding round was led by Munich Re Ventures, with additional participation from Toyota Ventures and previous investors including PSL Ventures, NFX and MaC VC. “MRV is excited to back this talented team of engineers, scientists and operators as they aim to open up the in-space economy,” Peter Ortez, a principal at Munich Re Ventures, said today in a news release.

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