Funding round
Starcloud Series A
Starcloud, which works in space-based data center design in Redmond, raised $170M in a Series A round announced on 30 Mar 2026, led by Benchmark and EQT Ventures, at a $1.10B post-money valuation. 13 firms took part, 2 of them already investors. It is Starcloud's second venture round on record; the one before was a Seed in Feb 2025.
$170M
Amount raised
$1.10B
Post-money valuation
$930M pre-money
13
Investors
2 leads
15%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Starcloud at $1.10B after the new money. The $170M bought investors about 15% of the company. It came 13 months after Starcloud's Seed. It is 40% of the $430M Starcloud has raised in the venture rounds on record. Starcloud raised again 5 months later: a Growth round of $250M in Aug 2026, at $2.30B post-money.
Investors
Who put money in
Benchmark and EQT Ventures led the round with 11 other firms. Benchmark and EQT Ventures had backed Starcloud before.
Lead investors
- Benchmark existing investor
- EQT Ventures existing investor
Also in the round
- backs 133 venture-backed companies new investor
- backs 9 venture-backed companies new investor
- Y Combinator backs 1,295 venture-backed companies new investor
- Adjacent new investor
- Seven Seven Six backs 90 venture-backed companies new investor
- FUSE new investor
- Manhattan West new investor
- Monolith Power Systems new investor
- Macquarie backs 52 venture-backed companies new investor
- NVIDIA new investor
- EQT backs 99 venture-backed companies new investor
Joined the board: Chetan Puttagunta (Benchmark).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, scaling operations and working capital.
- Hiring
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,083 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 11 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 10 Mar 2026 | $200M | not disclosed | Socratic Partners |
| Tech Companies | 23 Mar 2026 | $80M | not disclosed | Menlo Ventures |
| Tech Companies | 31 Mar 2026 | $58M | not disclosed | not named |
| Tech Companies | 2 Mar 2026 | $44M | $300M | GV |
| Tech Companies | 19 Mar 2026 | $43M | not disclosed | Andreessen Horowitz |
| Tech Companies | 3 Mar 2026 | $38M | not disclosed | Team8 and Ten Eleven |
| Tech Companies | 25 Mar 2026 | $35M | not disclosed | Andreessen Horowitz |
| Tech Companies | 17 Mar 2026 | $31M | not disclosed | Ballistic Ventures |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Starcloud raise in its Series A round?
Starcloud raised $170M in its Series A round, announced in Mar 2026.
Who led Starcloud's Series A round?
Benchmark and EQT Ventures led it, with NFX, Nebular, Y Combinator, Adjacent and Seven Seven Six and 6 more.
What was Starcloud's valuation at the Series A round?
$1.10B post-money ($930M pre-money).
How does it compare with other Series A rounds in Tech Companies?
1,083 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 11 times the median.
Did Starcloud raise again after this round?
Yes: a Growth round in Aug 2026 of $250M at $2.30B post-money.