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K2 Space

High-power, multi-orbit satellite bus manufacturer for large defense and commercial missions
Space / Defense 📍 Torrance, CA Founded 2022
Current Valuation
$6.8B
as of 2026-Q3
UNICORN

IPO Outlookprivate

Is K2 Space going public?
No. K2 Space is private and has not filed to go public. There is no S-1 on file.
What is K2 Space's valuation in 2026?
K2 Space is valued at $6.8B as of 2026-Q3, set by its Series D ($500M, Jul 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has K2 Space filed an S-1?
No public S-1 is on file for K2 Space.
Who are K2 Space's investors?
K2 Space's investors include Kleiner Perkins, ICONIQ Capital, CapitalG, Lightspeed Venture Partners, Altimeter Capital, Spark Capital and 8 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
K2 Space designs and manufactures high-power, multi-orbit satellite buses for defense and commercial missions. On July 30, 2026, the company announced a $500M Series D at a $6.8B post-money valuation, co-led by Kleiner Perkins and ICONIQ Capital. The round brings disclosed funding to at least $925.5M and follows K2's statement that it has won more than $1B in contracts. Capital will support mass-production expansion and the product roadmap from the 20kW-class Mega platform to the announced 100kW-class Giga platform.

Company Profile

CEO
Karan Kunjur
Founded
2022
HQ
Torrance, CA
Employees
~275
Total Raised
$925.5M
Growth
$500M Series D at $6.8B post-money; scaling production against $1B+ in contracts won
Last Round
Series D — $500M (Jul 2026) · Lead: Kleiner Perkins / ICONIQ Capital
IPO Status
private

Fundraising Status

Series D · $500M · announced July 30, 2026
privateTotal raised $925.5M6 disclosed rounds

Series D Impact

Round Size
$500M
Primary financing announced
Post-Money Valuation
$6.8B
Company-announced mark
Valuation Step-Up
+126.7%
vs Series C at $3.0B
Round / Post-Money
7.4%
New capital ÷ post-money
Disclosed Funding
$925.5M
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.

Secondary Market

Implied price / share
$104.05
Last round price / share
$76.9
vs last round
+35.3%
Open interest
5
Last round price vs secondary price
Last round vs current secondary price per share$76.90Last round$104Current
Secondary price return by period
Secondary market period returns3-month+171%6-month+272%1-year+272%All-time+272%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Growth & Valuation

Valuation across funding rounds
Valuation growth across funding rounds$3.0B$6.8BDec '25Jul '26
Capital raised per round
Capital raised per funding round$9MSeed$7MSAFE$50MSeries A$110MSeries B$250MSeries C$500MSeries D
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.

Funding History

RoundAmountDateLead InvestorPost-Money
Series D$500MJul 2026Kleiner Perkins / ICONIQ Capital$6.8B
Series C$250MDec 2025Redpoint Ventures$3.0B
Series B$110MFeb 2025Lightspeed Venture Partners / Altimeter Capital
Series A$50MFeb 2024Altimeter Capital
SAFE$7MOct 2023Alpine Space Ventures
Seed$8.5MMar 2023First Round Capital / Republic Capital

Recent Activity

💰
Jul 2026 · K2 Space · funding
👤
Jul 2026 · K2 Space · hire
💰
Dec 2025 · K2 Space · funding
💰
Feb 2025 · K2 Space · funding

Vertical Intelligence — Defense / Aerospace

Federal awards
6
prime contracts, last 36 months
Obligated
$26.38M
top: Department of Defense
Largest award
$18.39M
Department of Defense
Latest award
2025-12-29
Largest award: COMPLETING THE FIRST MEGA CLASS SATELLITE BUS, DESIGNING AND BUILDING DAF PAYLOAD INTERFACES, INTEGRATING THOSE PAYLOADS ONTO THE BUS, LAUNC (FA880925CB003)
Name-verified against recipient "K2 SPACE CORPORATION" on USASpending.gov as of 2026-08-19. Prime awards only — subcontracts and classified work are not visible in the public registry. Verify on USASpending.gov ↗

Talent Signal

Hiring trend
First snapshot
trend accrues with monthly sweeps
Open roles
4
via careers page
Product-build share
50%
engineering, research, product, design
Trajectory
steady
product-led hiring — 50% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month4Aug '26
Open roles by function
Open roles by functionFinance & Strategy1Security1Engineering1Ops & People1
product-building   go-to-market / G&A
National Security ProgramsProduct EngineeringFinance & LegalVehicle Operations
Counted from K2 Space's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Karan KunjurNeel Kunjur

Investors

Kleiner Perkins · ICONIQ Capital · CapitalG · Lightspeed Venture Partners · Altimeter Capital · Spark Capital · Sands Capital · ARK Invest · T. Rowe Price · Redpoint Ventures · Hedosophia · Alpine Space Ventures · First Round Capital · Republic Capital

Products

  • Mega satellite bus (20kW-class, high-power, multi-orbit)
  • Giga satellite platform (100kW-class, announced)
  • Custom defense and commercial satellite missions

Competitors

Lockheed Martin (Space Systems) · Northrop Grumman · Maxar Technologies · Apex Space · Astranis
SpaceDefenseSatellitesDefense TechGEO
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3. Refreshed quarterly.