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Northwood Space raises $30M in Series A funding led by Alpine Space Ventures and a16z to disrupt satellite ground stations.

PRIVATEApr 22, 2025

Amount Raised

$30 Million

Round Type

Series A

Los AngelesManufacturingAerospaceSatellite Communication

Investors

Stepstone GroupEvan LoomisAdrian AounBanter CapitalHumba VenturesBoxGroupFounders FundCapitalBalerion Space VenturesLong JourneyAabid RazviAlpine Space VenturesAndreessen Horowitz

Description

Northwood Space has raised $30 million in a Series A funding round led by Alpine Space Ventures and Andreessen Horowitz (a16z). The company plans to use the funding to expand into a 35,000 square foot manufacturing facility and launch its ground network globally. Investors also included Capital, Founders Fund, StepStone Group, and others. CEO Bridgit Mendler aims to build the largest shared network for satellite data reception.

Quick answer

Northwood Space raised $30 Million in a Series A round, dated April 22, 2025. Investors: Stepstone Group, Evan Loomis, Adrian Aoun, Banter Capital, Humba Ventures, BoxGroup, Founders Fund and Capital. Northwood Space is based in Los Angeles, California, United States.

How much did Northwood Space raise?
Northwood Space raised $30 Million in a Series A round on April 22, 2025.
Who invested in Northwood Space?
Stepstone Group, Evan Loomis, Adrian Aoun, Banter Capital, Humba Ventures, BoxGroup, Founders Fund and Capital are named as investors in this round.
What does Northwood Space do?
Northwood was founded in 2022 by Bridgit Mendler, Griffin Cleverly, and Shaurya Luthra with the mission to expand access to space by transforming satellite backhaul infrastructure.
Where is Northwood Space based and how big is it?
Northwood Space is based in Los Angeles, California, United States. Fundz records about 190 employees.
Who are the decision-makers at Northwood Space?
Fundz holds 5 contacts at Northwood Space, including the CEO – Cofounder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Satellite Communication around the same time

Companies in the same sectors as Northwood Space that raised within 45 days of this round, from Fundz verified event records.

  • World View raised an undisclosed amount on May 8, 2025.
  • Momentus raised $248K (Pre-Seed) on April 24, 2025.
  • Joby Aviation raised $250M on May 29, 2025.
  • Tidal Flight raised $3M (Seed) on May 21, 2025.
  • Flyte Aviation, Inc. raised $1.5M (Private Equity) on May 12, 2025.
  • Apex raised $200M (Series C) on April 29, 2025.

Who to call at Northwood Space, and when

A new round usually means Northwood Space is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Northwood Space

Location

Los Angeles, California, United States

About

Northwood was founded in 2022 by Bridgit Mendler, Griffin Cleverly, and Shaurya Luthra with the mission to expand access to space by transforming satellite backhaul infrastructure. We are building an advanced, scalable ground network powered by phased array technology to deliver enhanced connectivity and resilience for space operations. Our innovative approach is designed to rapidly scale and improve the efficiency of satellite communication networks. The first Northwood sites are set to deploy in 2025.

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Related People

5 contacts
Verified contactsBridgit, CEO – Cofounder hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Northwood Space raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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