Euwyn Poon, who previously built 250,000 scooters at Spin, has secured $5 million to launch Orbital, a company planning to deploy 10,000 data centers in space.
Poon's shift from micro-mobility to orbital infrastructure marks an expansion into satellite-based computing. The funding will support development of space data centers designed to reduce latency and improve global data processing capabilities.
Orbital's model leverages satellite networks to distribute computing resources beyond Earth-based infrastructure. The company plans to deploy thousands of data centers across orbital altitudes, offering alternative routes for data transmission and edge computing applications.
Poon's background scaling physical hardware at Spin positions him to manage the manufacturing and deployment challenges of space infrastructure. His experience shipping quarter-million units demonstrates operational capacity required for orbital deployment at scale.
The funding round reflects growing investor interest in space-based computing as terrestrial data centers face capacity constraints and latency limitations for certain applications.
New York-based Ande has emerged from stealth with $52 million in seed and Series A funding. The startup uses AI agents to automate corporate event arrangements for businesses.
Dutch nanoimprint lithography startup Morphotonics secured €40 million in funding from 3M Ventures, the EIC Fund, and other investors. The company plans to use the capital to expand into optical components for data centers.
Legal tech startup Legora is in talks for a new funding round that would value the company at approximately $8.5 billion. The round represents significant growth for the emerging legal technology platform.