Baiju Bhatt's Cowboy Space raises $275M Series B at $2B valuation

Cowboy Space, formerly Aetherflux, the orbital data-center startup led by Robinhood cofounder Baiju Bhatt, closed a $275M Series B on May 11 led by Index Ventures, with new investors IVP, Blossom Capital, and SAIC plus follow-on backing from a16z, NEA, and Breakthrough Energy Ventures. Post-money valuation is $2B and cumulative funding is about $365M. The company aims to launch its own rocket carrying a 1MW orbital data center by late 2028.