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Planet Ventures Makes $100,000 Investment in Space Data Center Firm Starcloud

Planet Ventures Makes $100,000 Investment in Space Data Center Firm Starcloud

MT newswireMT newswire2026/08/28 11:06
07:06 AM EDT, 08/28/2026 (MT Newswires) -- Planet Ventures (PXI.CN) completed a $100,000 indirect investment in US-based technology company Starcloud through an equity investment in a special purpose vehicle, it said in a statement on Friday. Starcloud is aiming to make orbital data centers designed to deliver AI computing infrastructure in space, Planet Ventures said. The investment was part of Starcloud's recently announced $250 million Series A extension financing at a reported $2.3 billion post-money valuation, it added. Planet Ventures chief executive Etienne Moshevich said other investors in the financing included chipmaker Nvidia (NVDA).
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