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

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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

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2025-05-31 16:00:00