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February 13, 2026 - Deals
Axiom Space Secures $350 Million Financing For Commercial Space Station And Spacesuit Development
Axiom Space has raised $350 million in a financing round to advance its commercial space station and next-generation spacesuits for NASA's Artemis lunar missions. The round, co-led by Qatar Investment Authority and Type One Ventures, also saw participation from investors including 1789 Capital, 4iG, LuminArx Capital, and company founder and Executive Chairman Kam Ghaffarian. CEO Jonathan Cirtain, appointed in October 2025, confirmed the company remains on track to deliver the Axiom Extravehicular Mobility Unit spacesuits for upcoming Artemis missions, as Axiom positions itself to build the successor to the International Space Station.
FOUNDER: Kam Ghaffarian
INVESTORS: Qatar Investment Authority, Type One Ventures, 1789 Capital, 4iG, LuminArx Capital Management & Kam Ghaffarian
AMOUNT: $350,000,000
HQ: Houston, Texas
#VentureCapital #AxiomSpace #KamGhaffarian #TradedVC
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Hugging Face Explores Sale Valuing Open-Source AI Platform At $13 BillionHugging Face is exploring a potential sale that could value the open-source AI platform at $13 billion or more, nearly tripling its $4.5 billion valuation from its $235 million Series D in 2023. Founded by Clément Delangue, Julien Chaumond and Thomas Wolf, the company has grown to 13 million users and more than 2 million public AI models, while CEO Delangue has previously favored independence and an eventual IPO over a sale.
FOUNDERS: Clément Delangue, Julien Chaumond & Thomas Wolf
VALUATION: $13,000,000,000,000+
HQ: New York, New York
#VentureCapital #HuggingFace #ClémentDelangue #TradedVC