How Much Did Orbit Fab Raise?
Funding & Key Investors

Orbit Fab, a pioneer in the burgeoning orbital logistics sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $41.5M. This latest injection of $28.5M underscores the market's growing confidence in the company's mission to establish a robust in-space refueling infrastructure. By providing essential fuel and material resources directly in orbit, Orbit Fab is effectively rewriting the operational playbook for satellite operators, moving away from the constraints of launch-weight limitations toward a model of persistent, sustainable space presence.

The company's financial trajectory reflects a steady maturation, beginning with its initial seed backing in 2019 and progressing through subsequent rounds that have enabled the development of its proprietary fuel-transfer technologies. This latest financing round serves as a critical milestone, positioning the firm to scale its operations and solidify its role as the primary service provider for the next generation of space-based assets.

What is Orbit Fab?

Orbit Fab
ManufacturingAerospace & DefenseFreight & Logistics Services

Founded in 2018 and headquartered in San Francisco, Orbit Fab is dedicated to building the foundational infrastructure required for a thriving space economy. The company addresses the critical challenge of satellite longevity by offering in-space refueling and material supply services. By enabling satellite operators to replenish resources on-orbit, Orbit Fab provides unprecedented business model flexibility, allowing for longer mission durations and increased sustainability of space assets. This capability is essential for the transition from a disposable satellite paradigm to a permanent, reusable space infrastructure, effectively positioning the company at the nexus of aerospace innovation and commercial space logistics.

How much funding has Orbit Fab raised?

Orbit Fab has raised a total of $41.5M across 3 funding rounds:

2019

Angel/Seed

$3M

2021

Unspecified

$10M

2023

Series A

$28.5M

Angel/Seed (2019): $3M with participation from Techstars and Type 1 Ventures

Unspecified (2021): $10M led by Asymmetry Ventures, Marubeni Ventures, SpaceFund, and Audacious Venture Partners

Series A (2023): $28.5M supported by Stride Capital, Good Growth Capital, Tribe Capital, and Industrious Ventures

Key Investors in Orbit Fab

Stride Capital

A Canadian heavy equipment leasing firm that provides smart lending solutions and capital leases to support the growth of businesses across energy and industrial sectors.

Good Growth Capital

An early-stage venture capital firm specializing in transformative science and technology, with a focus on uncovering hidden potential in sectors like clean energy and advanced materials.

Tribe Capital

A private equity and venture capital firm that utilizes rigorous financial engineering to partner with high-growth companies in emerging markets.

What's next for Orbit Fab?

With the successful closure of this major strategic investment, Orbit Fab is poised to accelerate its deployment of orbital fuel depots and expand its service network. The company is expected to focus on scaling its manufacturing capabilities and deepening its partnerships with both commercial satellite operators and government agencies. As the space industry shifts toward more complex, long-term missions, Orbit Fab's infrastructure will likely become a cornerstone of orbital operations, facilitating the growth of in-space manufacturing, maintenance, and logistics. The firm's ability to execute on its technical roadmap will be pivotal in determining the pace at which the broader space sector achieves true operational sustainability.

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Frequently Asked Questions Regarding Orbit Fab Financial Insights

What are the most recent funding rounds that Orbit Fab has completed, and what were the funding rounds?
Orbit Fab has recently completed 3 funding rounds: Series A on Apr 17, 2023, Unspecified on Sep 7, 2021, Angel/Seed on Oct 3, 2019.
What is the total amount of funding Orbit Fab has raised to date?
Orbit Fab has raised a total of $41.5M in funding to date.
How many funding rounds has Orbit Fab completed?
Orbit Fab has completed 3 funding rounds.
How much funding did Orbit Fab raise in its most recent funding round?
Orbit Fab raised $28.5M in its most recent funding round.
Who are the lead investors in Orbit Fab's latest funding round?
The lead investor in Orbit Fab's latest funding round was Stride Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Orbit Fab's history?
The largest funding round in Orbit Fab's history was $28.5M.
See more information about Orbit Fab