Starfish Space Raises $110M Series B to Expand Satellite Servicing Missions

Starfish Space Raises $110M Series B to Expand Satellite Servicing Missions and Scale Operations

Starfish Space has raised $110 million in a Series B round led by Point72 Ventures, with Activate Capital and Shield Capital serving as co-leads.

Additional participation came from Industrious Ventures, NightDragon, and existing investors including NFX, Munich Re Ventures, Toyota Ventures, and PSL Ventures.

New investors include Nomi Capital, Gaingels, and Overlap Holdings.

The funding brings Starfish Space’s total capital raised to over $150 million and will support the execution of its first operational satellite servicing missions.

Founded in 2019 by former Blue Origin engineers Austin Link and Trevor Bennett, the company develops spacecraft designed to rendezvous and dock with satellites in orbit for servicing, repositioning, or deorbiting.

Its core vehicle, Otter, is built to extend satellite lifespans and manage orbital debris by moving or safely disposing of aging assets.

The company has already demonstrated key technologies through its Remora software testing program and orbital missions using scaled Otter Pup prototypes.

Starfish has secured multiple government and commercial contracts, including agreements with the U.S. Space Force, the Space Development Agency, and NASA, as well as a commercial partnership with SES for satellite life extension services. These contracts reflect growing demand for on-orbit servicing capabilities across defense and commercial sectors.

The company plans to use the new funding to execute its contracted missions, scale production of the Otter platform, and expand its team.

Starfish positions itself within a broader shift toward in-orbit infrastructure services, where satellite maintenance, mobility, and disposal are becoming increasingly important to long-term space operations.

Image Credits: Starfish Space