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Iconiq Backs Satellite Startup K2 Space at $6.8 Billion Value

Bloomberg Technology Thursday 30 July 2026, 13:00 UTC By Rebecca Torrence 1 min read
Key Points

Startups Iconiq Backs Satellite Startup K2 Space at $6.8 Billion Value Startup K2 Space, which builds large satellites for high-power tasks like data-heavy communications and defense missions, has raised $500 million in a new round of funding, the company plans to announce Thursday. The company was valued at $6.8 billion after the new money. Kleiner Perkins and Iconiq co-led the Series D fundraising, which also included Lightspeed Venture Partners, Alphabet Inc.’s CapitalG, Altimeter Capital...

Startups Iconiq Backs Satellite Startup K2 Space at $6.8 Billion Value Startup K2 Space, which builds large satellites for high-power tasks like data-heavy communications and defense missions, has raised $500 million in a new round of funding, the company plans to announce Thursday. The company was valued at $6.8 billion after the new money. Kleiner Perkins and Iconiq co-led the Series D fundraising, which also included Lightspeed Venture Partners, Alphabet Inc.’s CapitalG, Altimeter Capital Management and other backers.
Iconiq Backs Satellite Startup K2 Space (ORG) Kleiner Perkins (PERSON) Iconiq (PERSON) Lightspeed Venture Partners (ORG) Alphabet Inc.’s (ORG) Altimeter Capital Management (ORG)
Originally published by Bloomberg Technology Read original →

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