What is Space Forge?
Space Forge specializes in leveraging microgravity conditions to produce ultra-high quality semiconductor substrates. These materials are critical for advanced technologies including power electronics, telecommunications, and quantum applications. By utilizing the unique environment of space, characterized by near-zero pressure and weightlessness, Space Forge enables superior crystal formation and alloy mixing. The company offers access to these capabilities through its ForgeStar Platform, facilitating rapid and reliable space-based manufacturing missions.
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, World Fund, and NATO Innovation Fund
Key Investors in Space Forge
British Business Bank
British Business Bank is a wholly owned subsidiary of British Business Bank plc, located in Sheffield, United Kingdom, aiming to increase the supply of credit to small and medium enterprises and provide business advice services.
World Fund
World Fund is a leading European venture capital fund investing in climate technology startups from Seed to Series B stages, focusing on those with significant climate performance potential to reduce CO2e emissions.
NATO Innovation Fund
The NATO Innovation Fund, backed by 24 NATO allies, invests over 1 billion euros in deep tech to enhance defense, security, and resilience, focusing on cutting-edge technologies for the alliance.
What's next for Space Forge?
The recent major strategic investment positions Space Forge for significant scaling and expansion. With a clear focus on advanced semiconductor substrate manufacturing in space, the company is poised to capitalize on the growing demand for high-performance materials in cutting-edge technological fields. This capital infusion will likely fuel further research and development, enhance production capabilities, and potentially broaden the scope of their ForgeStar Platform offerings, solidifying their leadership in the space-based manufacturing industry.
See full Space Forge company page
