Northwood announces $375M Series C to scale space connectivity network

Northwood says it began in February 2024 as a six-person team and has since expanded while keeping its mission of solving connectivity between Earth and space. The company says global demand for data movement through space is growing and that it is building scalable network capacity for demanding use cases. The round adds new investors while existing backers continue, with the company naming a16z, DFJvc, WashingHarbour, Alpine Space Ventures, and Stepstone among participants.

✨ AI summary of the linked source — not editorial content.