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April 23, 2025 - Deals
Northwood Space Closes $30M Series A Funding Round Led By Alpine Space Ventures And A16z
Northwood Space, founded in 2023 by CEO Bridgit Mendler, closed a $30M Series A funding round led by Alpine Space Ventures and a16z, with participation from Also Capital, Founders Fund, and Stepstone. The funds will help the El Segundo-based startup expand its factory and establish a global network of ground stations, aiming to support critical space infrastructure such as GPS, remote monitoring, and global communications. Northwood is focused on building a reliable, vertically integrated ground network to meet the increasing demand for high-tech terrestrial infrastructure that can keep up with space assets. The company plans to set up two ground sites per month, aiming for coverage on six continents by the end of 2025.
INVESTORS: Alpine Space Ventures, a16z (Andreessen Horowitz), Also Capital, Founders Fund & Stepstone
ROUND: Series A
AMOUNT: $30,000,000
HQ: #ElSegundo #California
#VentureCapital #NorthwoodSpace #AlpineSpaceVentures
#a16z #AndreessenHorowitz #AlsoCapital #FoundersFund #Stepstone #BridgitMendler #TradedVC
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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts.
FOUNDERS: Ben Lamm & George Church
TARGET VALUATION: $23,000,000,000
HQ: Dallas, Texas
#VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC