Northwood raises $375M Series C to scale Earth-space data connectivity

oyhsu · x · 2026-11-03

Northwood, the satellite ground-segment company led by CEO Bridgit Mendler, announced a $375M Series C: a $300M equity raise from a16z, DFJ, WashingHarbour, Alpine Space Ventures and StepStone, plus $75M debt financing from HSBC Innovation. Starting as a six-person team in February 2024, it has deployed two product lines across multiple continents, tripled headcount, and signed new customers—all aimed at scaling data movement between Earth and space.

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