San Francisco – December 11, 2025 – Cooley advised K2 Space, a California-based developer of large, high-power satellites, on its $250 million Series C financing round at a $3 billion valuation, accelerating delivery of a new generation of spacecraft built for the heavy-lift era.

Redpoint Ventures led the round, with additional participation from accounts advised by T. Rowe Price Associates and from Hedosophia, Altimeter Capital, Lightspeed Ventures and Alpine Space Ventures.

Lawyers Peter Werner, Kevin Gibson, Carl Min and Alice Hu led the Cooley team advising K2 Space.

Cooley previously advised K2 Space on its $110 million Series B financing round in February 2025, its $50 million Series A financing round in February 2024, its $8.5 million seed round in 2023 and its $7 million simple agreement for future equity (SAFE) financing in 2023.

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