K2 Space Raises $500 Million Series D at $6.8 Billion Valuation
San Francisco – July 30, 2026 – Cooley advised K2 Space, the leading manufacturer of big, high-power satellites, on its $500 million Series D funding round at a $6.8 billion valuation. Kleiner Perkins and ICONIQ led the round, with additional participation from CapitalG, Lightspeed, Altimeter, Spark Capital, Sands Capital, ARK Invest, T. Rowe Price Associates, Inc., and other existing investors.
Lawyers Peter Werner, Logan Tiari, Tim Nguyen, Kevin Gibson, Michelle Geller, Yasmine Ebrat, Christopher Kimball and Rebecca Ross led the Cooley team advising K2 Space.
Cooley has represented K2 Space since 2022, advising on general corporate matters and each of its venture financings since its Seed, including its $250 million Series C in December 2025.
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