Northwood raises $375M Series C as a16z touts space's early-internet moment

a16z · x · 2026-11-03

Satellite connectivity startup Northwood Space announced a $375M Series C backed by a16z, DFJ Growth, StepStone and others — growing from a six-person team in Feb 2024. In an a16z interview, CEO Bridgit Mendler likened the space industry to the early internet: builders bet on a direction without knowing the outcome, and orbital data centers were unthinkable a year ago.

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