Munich Re Ventures backs Starfish Space $100 million round

Munich Re Ventures participated in a $100 million+ Series B round for Starfish Space , which was led by Point72 Ventures.

Other investors in the round include Activate Capital, Shield Capital, Industrious Ventures, NightDragon, NFX, Toyota Ventures, PSL Ventures, Nomi Capital, Gaingels, and Overlap Holdings.

Seattle-based Starfish Space develops satellite servicing technology through its Otter vehicle, supporting missions such as life extension for geostationary satellites and disposal for low Earth orbit assets. The company has secured contracts with customers including the U.S. Space Force, NASA, and SES, and has completed multiple in-orbit demonstration missions.

The new funding will be used to execute contracted Otter missions, scale the servicing business, and expand the team.