K2 Space - About the company
K2 Space is a series D company based in Los Angeles (United States), founded in 2004 by Neel Kunjur. It operates as a Provider of aerospace hardware products designed services. K2 Space has raised $1B in funding from investors like First Round Capital, Lightspeed Venture Partners and Redpoint Ventures, with a current valuation of $6.8B. The company has 284 active competitors, including 44 funded and 21 that have exited. Its top competitors include companies like Paras Defence & Space Technologies, Terran Orbital and Apex.
Sectors and market segments that K2 Space operate in
K2 Space serves in the Aerospace, Maritime and Defense Tech market segments.The primary business model of K2 Space is:Key Metrics
Founded Year
2004
Location
Los Angeles, United States
Stage
Series D
Total Funding
$1B in 7 rounds
Latest Funding Round
Post Money Valuation
$6.8B as on Jul 30, 2026
Investors
Ranked
6th among 284 active competitors
Employee Count
333 as on Sep 30, 2026
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K2 Space's funding and investors
K2 Space has raised a total funding of $1B over 7 rounds. Its first funding round was on Mar 10, 2023. Its latest funding round was a Series D round on Mar 23, 2026 for $500M. 9 investors participated in its latest round. K2 Space has 25 institutional investors.
Here is the list of recent funding rounds of K2 Space:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 23, 2026 | $500M | Series D | - | - | ||
Dec 11, 2025 | $250M | Series C | $3B | - | ||
Sep 15, 2025 | $15M | Series B | - | - | - |
View details of K2 Space's funding rounds and investors
K2 Space's founders and board of directors
Founder? Claim ProfileThe founders of K2 Space is Neel Kunjur.
Here are the details of K2 Space's key team members:
- Neel Kunjur: Co-Founder & CTO of K2 Space. Contact Info: 1 email address
View details of K2 Space's Founder profiles and Board Members
K2 Space's employee count trend
K2 Space has 333 employees as of Sep 26. Here is K2 Space's employee count trend over the years:
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K2 Space's Competitors and alternates
Top competitors of K2 Space include Paras Defence & Space Technologies, Terran Orbital and Apex. Here is the list of Top 10 competitors of K2 Space, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Paras Defence & Space Technologies 1972, Navi Mumbai (India), Public | Company offering wide range of defence products & solutions | $4.57M | 73/100 | |
2nd | Terran Orbital 2013, Irvine (United States), Acquired | Provider of hardware for satellites | $144M | 72/100 | |
3rd | Apex 2022, Los Angeles (United States), Series D | Manufacturer of configurable satellite platforms designed for various mission requirements | $718M | 68/100 | |
4th | Developer of multi-sensor imaging satellites for geospatial analysis | $24.1M | 67/100 | ||
5th | Manufacturer of sovereign satellites and connected systems for national security | $60.2M | 66/100 | ||
6th | K2 Space 2004, Los Angeles (United States), Series D | Provider of aerospace hardware products designed services | $1B | 66/100 | |
7th | Developer of satellite platforms for intelligence, surveillance, and reconnaissance missions | $7.22M | 64/100 | ||
8th | Quantum Space 2022, Rockville (United States), Series A | Developer of maneuverable spacecraft for defense and commercial on-orbit missions | $57M | 63/100 | |
9th | Satellite manufacturer and space-service provider building software-defined satellites | $372M | 62/100 | ||
10th | NanoAvionics 2014, Vilnius (Lithuania), Acquired | Developer of nano-satellite buses | - | 62/100 |
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K2 Space's Investments and acquisitions
K2 Space has made no investments or acquisitions yet.
Reports related to K2 Space
Here is the latest report on K2 Space's sector:
News related to K2 Space
Media has covered K2 Space for a total of 8 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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Space Tech Funding Hits Record $20 Billion as Investors Bet Big on Satellites and BeyondBEAMSTART•Aug 28, 2026•Anduril, K2 Space, SpaceX
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K2 Space Secures $500M Series D Funding Round at $6.8B ValuationMassinvestor•Jul 31, 2026•K2 Space, Kleiner Perkins, IconiQ
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Start-up of the Week: K2 Space bets big on 'data centres in orbit'International Finance•Mar 27, 2026•K2 Space, SpaceX
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SES Taps K2 Space to Accelerate Next-Gen MEO Satellite Network, meoSphereBusiness Wire•Mar 24, 2026•K2 Space, SES Satellites, SpaceX
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K2 Space raises $250 million to scale high-power satellite lineSpaceNews•Dec 11, 2025•K2 Space, Hedosophia, Alpine Space, Altimeter Capital and 3 others
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SES & K2 Space collaborate to accelerate the development of the next-generation MEO Network.Newswire•Sep 16, 2025•K2 Space, SES Satellites
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K2 Space Secures $15M Investment from NewSpace Capital to Expand Satellite ProductionPayload•Sep 15, 2025•K2 Space, NewSpace Capital
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Pacific Defense Launches MOSA Space RF Payload on K2 Space Gravitas MissionFinancial Post•Jun 26, 2025•Pacific Defense, K2 Space
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