Starcloud Raises $250 Million in Funding, NVIDIA Invests Approximately $25 Million

According to TechCrunch, space computing startup Starcloud announced the closing of a new $250 million funding round led by Manhattan West Ventures, with participation from Nvidia, Cisco, Benchmark, EQT, and other investors; Nvidia invested approximately $25 million. The funds will be used to expand satellite manufacturing facilities and advance the R&D of the next-generation orbital data center satellite, Starcloud-3. Starcloud stated that it is already operating an Nvidia H100 data center GPU in orbit and has completed model training based on the chip; meanwhile, it is collaborating with Nvidia to provide test data for the upcoming Vera Rubin Space-1 GPU, which is designed for space environments. CEO Philip Johnston previously stated that the company plans to explore space Bitcoin mining.