VC/PE

The Biggest Fundraises of H1 2026

The True Anomaly team assembles the Jackal spacecraft. Image: True Anomaly
True Anomaly was one of many companies to raise whopper rounds in the first half of 2026. Image: True Anomaly

We’ve officially closed out the first half of 2026—and investments in the space industry are blasting off. 

More than $6.6B has been invested in the space industry in the first half of the year, according to data compiled by our friends at Payload Pro. 

Look back: If rounds that used to raise eyebrows now seem commonplace, it’s not your imagination. 

The largest round raised in 2025 was Stoke Space’s $510M Series D. In just the first half of 2026, at least six companies have brought in $500M or more in funding—and Stoke added another $350M to its mega round.

Spread the wealth: The funding isn’t concentrated in one sector of the space industry, or one geographical location. This is a case where a rising rocket lifts all payloads, around the world.

  • Some of the biggest rounds in the half were raised by companies working on launch, infrastructure, space stations, communications, propulsion, orbital compute, bus building, and EO. 
  • Significant rounds were raised by companies in the US—but also in Finland, Germany, Spain, and China.
  • There’s also diversity in the pool of investors putting money into the space industry, with no one VC firm dominating the market. 

Big ticket: Some of the biggest rounds of the half include:

  • iSpace’s $729M fundraise
  • True Anomaly’s $600M Series D
  • Sierra’s $550M Series C
  • ICEYE’s $520M Series F
  • Impulse Space’s $500M Series D
  • Vast’s $500M funding influx, which included a $300M Series A

What’s next: Will the momentum continue into the second half of 2026? While government investment in space—and a clear demand signal—is expected to remain high, we’ll be watching to see if things change post-SpaceX IPO.