MoneyThe story, in brief
Cowboy Space raises $275M to build orbital AI data centers
$275M. That's what Cowboy Space just raised to build AI data centers... in orbit.
The KeyNews take
Why it matters
A well-funded startup is betting that orbital infrastructure can solve AI's most acute constraint: power and compute density. If execution matches ambition, this signals a shift from terrestrial capex to space-based AI infrastructure.
The key facts
5 to knowCowboy Space Series B: $275M at $2B post-money valuation
Led by Index Ventures; co-investors include NEA, IVP
CEO Baiju Bhatt (Robinhood co-founder) leading the company
Focus: orbital AI data centers
Published May 2026
Go to the source
SiliconAnglesiliconangle.com
Publisher excerpt: Space technology startup Cowboy Space Corp. today disclosed that it has raised $275 million in funding at a $2 billion valuation. Index Ventures led the Series B round. It was joined by NEA, IVP and several other institutional investors along with Cowboy Space founding Chief Executive Baiju Bhatt,…