Northwood Raises $375 Million Series C to Expand Global Satellite Ground Infrastructure Network

Northwood Space has raised $375 million in a Series C round to accelerate the expansion of its satellite ground infrastructure network, support existing contracts and grow its workforce.

The round was co-led by Andreessen Horowitz (a16z) and DFJ Growth, with significant follow-on participation from Washington Harbour Partners LP, Alpine Space Ventures, StepStone Group and In-Q-Tel (IQT), among others. Northwood also secured a separate multi-year credit facility from HSBC Innovation Banking to support working capital and network expansion.

The funding follows rapid growth since the company’s Series B less than nine months ago.

Northwood has deployed six multi-orbit-capable ground sites across two continents, demonstrated command capabilities for geostationary orbit (GEO) satellites using its commercial phased-array antennas, and introduced Prism, a high-throughput antenna system.

Its customer base has also expanded across U.S. government agencies, commercial satellite operators and established satellite companies.

Founded by Bridgit Mendler and partners, Northwood designs and manufactures its own ground infrastructure, including Portal phased arrays for satellite command and control and Prism parabolic antennas for high-throughput data links.

Its software combines multiple antennas into larger effective systems and allows satellite operators to reserve and manage network capacity through an API.

The shared-network model is designed to give customers access to ground connectivity without requiring them to build and operate dedicated ground stations.

Northwood recently opened a 185,000-square-foot headquarters and manufacturing facility in Torrance, California, increasing its manufacturing footprint more than fivefold. The factory is designed to produce hundreds of antennas annually, while the company says new ground sites can be deployed in approximately three months.

Northwood plans to expand capacity to support links exceeding 100 Gbps in high-demand regions by the end of 2027.

The company now has more than 140 employees and plans to add approximately 400 jobs in Torrance and Washington, D.C. over the next three years, spanning RF engineering, manufacturing, software and site operations.

Image Credits: Northwood