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Funding round

Axiom Space Series C

Axiom Space, which works in human spaceflight services in Houston, raised $350M in a Series C round announced on 21 Aug 2023, led by Aljazira Capital and Boryung Co., Ltd.. 2 firms took part. It is Axiom Space's second venture round on record; the one before was a Series B in Feb 2021.

$350M

Amount raised

Not disclosed

Post-money valuation

2

Investors

2 leads

Valuation

What this round says about the price

Axiom Space did not disclose a valuation in this round; its last disclosed one was $730M at the Series B (Feb 2021). It came 30 months after Axiom Space's Series B. It is 24% of the $1.46B Axiom Space has raised in the venture rounds on record. Axiom Space raised again 19 months later: a Growth round of $100M in Mar 2025, at $2.00B post-money.

Axiom Space's funding rounds

Axiom Space has 5 venture rounds on record. This one is highlighted.

  1. Series B 16 Feb 2021, led by C5 Capital $130M$730M post-money
  2. Series C this round 21 Aug 2023, led by Aljazira Capital and Boryung Co., Ltd. $350M
  3. Growth 1 Mar 2025, led by Type One Ventures $100M$2.00B post-money
  4. Growth 12 Feb 2026, led by Type One Ventures and Qatar Investment Authority $350M
  5. Growth 4 Jun 2026, led by Type One Ventures and Qatar Investment Authority $525M

Investors

Who put money in

Aljazira Capital and Boryung Co., Ltd. led the round.

Lead investors

  • backs 8 venture-backed companies new investor
  • Boryung Co., Ltd. new investor

Comparable rounds

How it compares

7 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $44M, and this round was 8.0 times the median. The closest in time, other companies' Series C rounds in Aerospace and Defence:

Series C rounds in Aerospace and Defence, Aug 2022 to Aug 2024: 7 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Aerospace and Defence7 Sep 2023$44Mnot disclosednot named
Aerospace and Defence30 Oct 2023$28Mnot disclosedTemasek
Isar Aerospace Aerospace and Defence28 Mar 2023$165Mnot disclosednot named
Aerospace and Defence9 Jan 2024$20Mnot disclosedHanwha Asset Management
Aerospace and Defence12 Jan 2023$28Mnot disclosedNewSpace Capital
Aerospace and Defence18 Oct 2022$46Mnot disclosedScottish National Investment Bank
Helsing Aerospace and Defence11 Jul 2024$487M$5.40BGeneral Catalyst

Sources

Where this comes from

Reported by 5 sources.

Questions

Frequently asked

How much did Axiom Space raise in its Series C round?

Axiom Space raised $350M in its Series C round, announced in Aug 2023.

Who led Axiom Space's Series C round?

Aljazira Capital and Boryung Co., Ltd. led it.

What was Axiom Space's valuation at the Series C round?

It was not disclosed; its last disclosed one was $730M at the Series B (Feb 2021).

How does it compare with other Series C rounds in Aerospace and Defence?

7 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $44M, and this round was 8.0 times the median.

Did Axiom Space raise again after this round?

Yes: a Growth round in Mar 2025 of $100M at $2.00B post-money.