Unclassified // open-source data on European defence tech
Advanced Materials sector
Cardiff, United Kingdom

Space Forge

Manufactures advanced semiconductor materials in orbit using returnable ForgeStar satellites, exploiting microgravity, vacuum and extreme temperatures.

Stryker Dragoon at sunset, Malacky Air Base, Slovakia. Photo: U.S. Army photo by Maj. John Ambelang, Public domain (PD-USGov-Military-Army).

Latest round£22.6MSeries A, May 2025
Total raised~£31M~£31M

Round details

Series A, £22.6M, May 2025.

Why it matters

NATO Innovation Fund led its Series A, one of NIF's first direct investments; ForgeStar-1 launched on SpaceX Transporter-14 in June 2025.

Key figures confirmed by multiple sourcesLast checked 21 October 2026

Space Forge: key questions

What does Space Forge do?

Manufactures advanced semiconductor materials in orbit using returnable ForgeStar satellites, exploiting microgravity, vacuum and extreme temperatures.

Where is Space Forge based?

Space Forge is headquartered in Cardiff, United Kingdom. It was founded in 2018.

How much funding has Space Forge raised?

Total funding is ~£31M, based on announced and reported rounds. Latest round: Series A, £22.6M, May 2025.

Who are Space Forge's investors?

Notable investors include NATO Innovation Fund, World Fund, NSSIF.

Sources

  1. tech.eu/2025/05/14/british-spacetech-space-forge-raises-record-22-6m-series-a-for-manufact
  2. en.wikipedia.org/wiki/Space_Forge
  3. nif.fund/portfolio

Figures come from company announcements and press reports. Spot an error? Send a correction. Nothing here is investment advice.