How Much Did Axiom Space Raise? Funding & Key Investors

Date
March 25, 2025
Axiom Space

Total amount raised

$500 Millions

Latest funding date

Axiom Space

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Axiom Space has successfully raised over $500 million across multiple funding rounds, with its latest being a Series C round. The company is pioneering the development of commercial space infrastructure, including the Axiom Station, which aims to be the successor to the International Space Station.

Keep reading to explore the intricacies of Axiom Space's fundraising journey and the investors backing this innovative venture.

What Is Axiom Space?

Axiom Space, founded in 2016 by Kam Ghaffarian and Michael Suffredini, is headquartered in Houston, Texas. The company specializes in building and operating commercial space station modules connected to the International Space Station (ISS).

With a workforce of 501-1000 employees, Axiom Space provides access to the ISS for research, technology testing, and in-space manufacturing. They also conduct private and national astronaut missions to the ISS.

As a leading provider of human spaceflight services, Axiom Space is developing the Axiom Station and next-generation spacesuits, aiming to advance space exploration and innovation.

How Much Funding Has Axiom Space Raised?

  1. Series C
    • Amount Raised: $350M
    • Date: August 2023
    • Lead Investors: Aljazira Capital, Boryung Pharmaceutical
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To support the development of a private space station in collaboration with NASA.
  2. Series B
    • Amount Raised: $130M
    • Date: February 2021
    • Lead Investors: C5 Capital
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To accelerate the development of commercial space station modules.
  3. Series A
    • Amount Raised: $7M
    • Date: December 2019
    • Lead Investors: Not publicly disclosed
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To fund initial development and operational activities.
  4. Series A
    • Amount Raised: $5M
    • Date: August 2018
    • Lead Investors: Not publicly disclosed
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To continue early-stage development and expand the team.
  5. Seed Round
    • Amount Raised: Not publicly disclosed
    • Date: June 2018
    • Lead Investors: Not publicly disclosed
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To kickstart the company's initial projects and research.
  6. Seed Round
    • Amount Raised: $8M
    • Date: January 2016
    • Lead Investors: IBX
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To establish the company and begin foundational work.

Total Amount Raised: $500M+ Current Valuation: Not publicly disclosed

Key Investors

  • Aljazira Capital
    • Details: Aljazira Capital is a major financial powerhouse in Saudi Arabia, owned by Bank Al Jazira. The firm focuses on innovative startups and technology-driven ventures that align with Saudi Vision 2030.
    • Investment Focus Areas: Technology advancements, diverse markets, businesses that impact society.
    • Notable Investments: Axiom Space.
  • Boryung Co., Ltd.
    • Details: Boryung is a South Korean healthcare investment company. The firm aims to establish a space healthcare ecosystem to support long-duration human space missions and develop new technologies on Earth.
    • Investment Focus Areas: Space healthcare ecosystem, long-duration human space missions, development of new technologies using the space environment.
    • Notable Investments: Axiom Space.
  • C5 Capital
    • Details: C5 Capital is a venture capital firm focused on investing in cybersecurity, space, and energy security. The firm aims to support companies that enhance national security and critical infrastructure.
    • Investment Focus Areas: Cybersecurity, space, energy security.
    • Notable Investments: Not publicly disclosed.
  • Declaration Partners
    • Details: Declaration Partners is an investment firm that partners with family offices and institutional investors. The firm focuses on long-term value creation through strategic investments.
    • Investment Focus Areas: Family offices, institutional investments.
    • Notable Investments: Not publicly disclosed.
  • Hemisphere Ventures
    • Details: Hemisphere Ventures is a venture capital firm that invests in early-stage technology companies. The firm focuses on disruptive technologies that have the potential to transform industries.
    • Investment Focus Areas: Early-stage technology companies.
    • Notable Investments: Not publicly disclosed.

What's Next for Axiom Space?

Axiom Space stands at the cusp of monumental opportunities, with the development of a commercial space station in collaboration with NASA being a primary focus. The company has secured over $2.2 billion in customer contracts and a $1.26 billion NASA contract for spacesuit services, underscoring the vast potential ahead. The successful $350 million Series C funding round, led by Aljazira Capital and Boryung, further solidifies their financial foundation.

Future fundraising prospects appear promising as Axiom progresses towards launching its space station module by 2026. The company is likely to attract additional investments from international partners and venture capital funds, driven by the growing interest in space exploration and technology. However, Axiom faces significant challenges, including technical and logistical hurdles, competition from other space companies, and regulatory compliance. Navigating these obstacles will be crucial for their continued success and growth in the burgeoning space industry.

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