What is Space Forge?
Space Forge operates at the intersection of aerospace engineering and advanced materials science. The company specializes in the production of ultra-high-quality semiconductor substrates, utilizing the near-zero pressure and weightlessness of space to achieve crystal formation and alloy mixing standards that are physically impossible to replicate on Earth. Central to its business model is the ForgeStar Platform, a modular infrastructure designed to provide rapid, reliable access to the space environment. This platform serves as a critical conduit for mission-specific manufacturing, enabling the company to deliver superior materials for applications ranging from quantum computing to high-efficiency telecommunications hardware.
How much funding has Space Forge raised?
Space Forge has raised a total of $40.2M across 2 funding rounds:
Angel/Seed
$10.2M
Series A
$30M
Angel/Seed (2021): $10.2M with participation from Type One Ventures, Space, and Spacefund
Series A (2025): $30M led by British Business Bank, NATO Innovation Fund, and World Fund
Key Investors in Space Forge
NATO Innovation Fund
A venture capital fund backed by 24 NATO allies, focusing on deep tech investments in novel materials, energy, and quantum technologies to enhance security and resilience.
World Fund
A leading European venture capital firm that supports startups from Seed to Series B stages, specifically targeting technologies with the potential to significantly reduce global CO2e emissions.
British Business Bank
A government-owned financial institution dedicated to increasing the supply of credit and providing strategic business advice to small and medium-sized enterprises.
What's next for Space Forge?
With the successful closure of this major enterprise-level funding, Space Forge is poised to accelerate the deployment of its ForgeStar infrastructure. The strategic roadmap likely involves expanding production capacity to meet the growing demand for high-performance semiconductors, which are essential for the next generation of power electronics and defense-related technologies. Furthermore, the company is expected to deepen its collaborative efforts with industrial partners to integrate space-manufactured materials into existing supply chains. As the firm transitions into this scaling phase, the focus will remain on optimizing launch cadence and refining the automated manufacturing processes required to maintain a competitive edge in the global deep tech landscape.
See full Space Forge company page
