ROBINHOOD CO-FOUNDER BACKS ORBITAL DATA CENTER STARTUP
AI DESK■ 1 MIN READ
MON, MAY 11, 2026■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE
Cowboy Space, led by Robinhood co-founder Baiju Bhatt, raised $275 million in Series B funding at a $2 billion valuation. Index Ventures led the round for the company building data centers in space.
Cowboy Space plans to deploy data centers in orbit to address the growing demand for computing infrastructure beyond Earth. The startup aims to solve a critical bottleneck: insufficient rocket capacity to launch the volume of hardware required for space-based operations.
Bhatt, a billionaire entrepreneur, founded the space venture to tackle challenges in orbital infrastructure. The company's mission centers on developing both the data center technology and launch capabilities needed to scale space-based computing.
The $275 million raise underscores investor confidence in space infrastructure plays. Index Ventures' backing signals strong institutional support for the sector's maturation.
Cowboy Space joins a growing cohort of companies exploring orbital manufacturing, energy production, and computational resources. Success depends on overcoming technical hurdles and establishing reliable, cost-effective launch operations. The startup's dual focus on hardware and logistics positions it to address supply constraints limiting competitors.
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