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Aerospace, Maritime and Defense Tech Series A Founded 2018

Space Forge

Space Forge is an advanced materials company that manufactures high-purity semiconductor substrates and other advanced materials in space using microgravity and ultra-p pure vacuum environments that are impossible to replicate on Earth. The company's flagship platform, ForgeStar, is the world's first returnable and reusable in-space manufacturing vehicle, designed with the high heat rejection and return capability…

📍 Cardiff, United Kingdom · Space Tech

Funding snapshot

Last roundSeries A
Amount$13M
Date11 June 2026
Total raised$41M
Valuation82,451,436 (Jan 16, 2025)
Team size77

About

Space Forge is an advanced materials company that manufactures high-purity semiconductor substrates and other advanced materials in space using microgravity and ultra-p pure vacuum environments that are impossible to replicate on Earth. The company's flagship platform, ForgeStar, is the world's first returnable and reusable in-space manufacturing vehicle, designed with the high heat rejection and return capability required for in-space crystal growth and materials processing. By leveraging microgravity, Space Forge eliminates defects found in Earth-based materials manufacturing, producing higher-purity, higher-performance substrates for next-generation semiconductors used in power electronics, telecommunications, and quantum materials. The company also provides microgravity-as-a-service, allowing third parties to conduct in-space manufacturing experiments, and offers a satellite and space body re-entry warning system. Space Forge differentiates itself as one of the few companies pursuing commercially viable in-space manufacturing with a returnable platform, addressing the fundamental challenge of producing materials that cannot be made on Earth. Founded in 2018 and headquartered in Cardiff, United Kingdom, with a US subsidiary in Florida, Space Forge has raised approximately $40.9 million in a Series A round backed by Type One Ventures, SpaceFund, Starbridge Venture Capital, Quiet Capital, Kencoa Aerospace, FJ Labs, World Fund, Trousdale Ventures, Space VC, BPEC, E2MC, Development Bank of Wales, the European Space Agency, British Business Bank, and others.

Business model

Space Tech > Support Engineering > In Space Manufacturing

Institutional investors

Type One Ventures SpaceFund Starbridge Venture Capital Quiet Capital Kencoa Aerospace FJ Labs World Fund Trousdale Ventures Space VC BPEC E2MC Development Bank of Wales Newable SETsquared Bristol ESA

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