Space Forge raises $30M Series A to make chip materials in space

Here’s a structured list based on the provided content:

Startup

• Name: Space Forge
• Headquarters: Cardiff, Wales, U.K.

Founders

• Joshua Western (CEO)
• Andrew Bacon (Co-founder and CTO)

Fundraising Information

1. Series A

   • Amount: £22.6 million (approximately $30 million)
   • Date: Recent (specific date not provided in text)
2. Seed Round
   • Participants: World Fund (co-led)

Investors

• NATO Innovation Fund (led Series A)
• Northrop Grumman (partner)
• World Fund (co-led seed round and participated in Series A)

Notable Projects and Collaborations

• BT (project to test integrating crystal materials grown in space for reduced power consumption in 5G towers)
• UK Space Agency
• European Space Agency

Relevant Links

• Article on TechCrunch: Space Forge
• Project with BT
• World Fund article
• NATO Innovation Fund announcement

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2025-05-31 16:00:00