This rocket is starting to look like a rocket. 👀 🚀(Or a space hot dog, depending on who you ask...) 🌭
* Thanks to the whole team (including interns!) who worked on proto-qualification for the stage 1 structure... and to the unsung hero who got an actual hot dog roller for the office. 🙌
I am super excited to share that @Starcloud_ has raised a $170M Series A at a $1.1bn valuation to fuel our development of data centers in space 🚀
The round comes after the successful deployment of our first satellite, Starcould-1, a few months ago, which had the first @NVIDIA H100 on board and was the first to train an LLM in space. The funds will be used to develop our third satellite, which aims to be cost-competitive with Earth-based data centers in terms of AI inference cost.
The round was led by @Benchmark and @EQT Ventures, and we are excited to welcome Benchmark GP, @Chetanp Puttagunta, to our board. We are also excited to welcome other new investors, including the world's largest infrastructure fund, @Macquarie Capital, @SevenSevenSix 7️⃣7️⃣6️⃣, Manhattan West, Adjacent, Carya, GSBackers, and Harpoon.
We are very grateful for the continued support of existing investors, including @NFX, @NebularVC, @YCombinator, @FUSE_VC, @Soma_Capital, 3Capital Partners, Wyld VC, Tiny VC, and Taurus Ventures.
Onwards!
We are in the “containerization” era of space. Containers reshaped the world & rapidly reusable launch will do the same.
s/o to @stoke_space@StarfishSpace & @Starcloud_ for doing the hard work (we 🫶🏻 you)
Happy to announce an extension of our Series D financing round to $860M, adding $350M to the initial $510M raised in October 2025. This brings our total funds raised to $1.34B.
We're grateful to our investors and excited to bring our fully and rapidly reusable Nova rocket to market while accelerating future elements of the product roadmap.
Learn more: https://t.co/0AO9M1oGPV
every era has its ‘uninvestable’ categories. then a team comes along and makes you feel stupid for ever believing that. meet @Celesteamadon and @theasherallen
grateful to support these two & their (growing!) team. congrats on the launch!
Known is finally live on the App Store.
San Francisco feels a little different this morning.
For the past few months, we’ve been building a new kind of dating platform for the post-swipe era.
Known is intentional, designed to get people on real dates.
Love is coming.
For the last several months, we’ve been working on the design of our @Starcloud_-3 distributed constellation of 200kW inference nodes in dawn-dusk sun-synchronous orbit, providing many gigawatts of low-cost AI compute. It seems we’re not alone! 🙌
We’re co-leading the $475M seed round for Unconventional AI, a research lab tackling the moonshot of highly efficient AI-first chips. CEO Naveen Rao has sold two companies previously, and we’re excited to be partnering with him in his next endeavor. He joined a16z’s Matt Bornstein at NeurIPS for a conversation on starting a new chip company, what better chips would mean for AGI, why Naveen is so passionate about this mission, and more.
00:00 Intro
00:56 Exploring hardware for running AI workloads
02:02 Why Naveen built lots of software in a "hardware company"
03:22 Why start a new chip company?
05:13 How computing systems went digital
09:26 Why intelligence is a good fit for analog computer systems
12:30 What tradeoffs Naveen faced in pursuing his own path
15:23 The Data modalities Unconventional chips will be best for
16:54 Does this get us closer to AGI?
21:00 Where Naveen gets his excitement and motivation
22:37 What makes Naveen confident that Unconventional will work
24:43 Unconventional's hiring priorities
26:27 Career advice for young people
28:19 What Naveen has done best in his companies
@NaveenGRao@BornsteinMatt@unconvAI
Big news – we’ve raised $510M in Series D funding!
Total funding is now at $990M. This capital will accelerate our fully reusable Nova rocket development and Launch Complex 14 activation at Cape Canaveral.
Incredibly grateful to our investment partners and excited to keep the momentum going!
Full details: https://t.co/1DzsRDJHIi
the best investors lead with empathy & consistency. day in and day out, ethan shows up with both - for founders & their teams, for other investors, & for his friends.
grateful to sit in a few of those camps - congrats e!
Shine has given me the platform to do what I love - be a loyal partner to entrepreneurs innovating at the nexus of technology and culture.
It’s an honor to become a General Partner and continue this mission.
Thank you to the exceptional entrepreneurs who have trusted me as a partner - it’s a privilege to work with you day in and day out.
Incredibly grateful to @mokoyfman, @aehartz123, and the entire Shine team for their continuous support.
It’s been a transformative five years. Every day feels like the start of something special, and we’re only just getting started ✨