Funding round
Northwood Series B
Northwood, which works in satellite backhaul ground infrastructure solutions in El Segundo, raised $100M in a Series B round announced on 27 Jan 2026, led by Washington Harbour and Andreessen Horowitz. 9 firms took part. It is Northwood's third venture round on record; the one before was a Series A in Apr 2025.
$100M
Amount raised
Not disclosed
Post-money valuation
9
Investors
2 leads
Valuation
What this round says about the price
Northwood did not disclose a valuation in this round. It came 9 months after Northwood's Series A. It is 73% of the $136M Northwood has raised in the venture rounds on record. No later venture round is on record for Northwood.
Investors
Who put money in
Washington Harbour and Andreessen Horowitz led the round with 7 other firms.
Lead investors
- backs 30 venture-backed companies new investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
Also in the round
- backs 7 venture-backed companies new investor
- Founders Fund backs 368 venture-backed companies new investor
- StepStone new investor
- backs 9 venture-backed companies new investor
- new investor
- Pax new investor
- 137 Ventures backs 25 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Series B rounds in Telecommunications:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Telecommunications | 1 Dec 2025 | $13M | not disclosed | not named |
| Telecommunications | 18 Dec 2025 | $13M | not disclosed | Polychain |
| Telecommunications | 26 Mar 2025 | $76M | not disclosed | Hyperion |
| Telecommunications | 1 Feb 2025 | $85M | not disclosed | not named |
Sources
Where this comes from
Reported by 7 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Northwood raise in its Series B round?
Northwood raised $100M in its Series B round, announced in Jan 2026.
Who led Northwood's Series B round?
Washington Harbour and Andreessen Horowitz led it, with Alpine Space Ventures, Founders Fund, StepStone, Balerion Space Ventures and Fulcrum and 2 more.
What was Northwood's valuation at the Series B round?
It was not disclosed.