Northwood Space Closes $375M Series C to Scale Ground Network
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TORRANCE – November 02, 2026 -- Northwood Space Corp. has closed a $375 million Series C equity round to expand its shared, multi-orbit ground network for commercial, U.S. government and allied satellite operators. Andreessen Horowitz (a16z) and DFJ Growth co-led the round. Alpine Space Ventures, Washington Harbour Partners, Stepstone Activate and In-Q-Tel (IQT) also participated.
HSBC Innovation Banking is providing a separate multi-year credit facility for working capital and network expansion. Its size was not disclosed. The equity proceeds will go toward delivery on existing contracts, hiring and the global network buildout.