Starfish announced that it has closed a Series B round led by Point72 Ventures, raising more than $100 million. Activate Capital and Shield Capital co-led the round, with major participation from Industrious Ventures and NightDragon. Several other new and existing investors were also part of the funding round.

Starfish Space is giving life to on-orbit services. Founded by former Blue Origin and NASA engineers, Starfish is developing the Otter, the first small and versatile space tug that will lower costs and increase availability for satellite servicing missions including life extension and active debris removal. Starfish technologies, including its proprietary CEPHALOPOD software, are key logistics, autonomy, and robotics infrastructure for the developing off-world economy and orbital industries like manufacturing, assembly, tourism, and mining.