High-power, multi-orbit satellite bus manufacturer for large defense and commercial missions
Space / Defense📍 Torrance, CAFounded 2022
Current Valuation
$6.8B
as of 2026-Q3
UNICORN
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
Secondary price return by period
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
Capital raised per round
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.
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.