TechFlow, Nov 27 — According to The Defiant, SpaceComputer, a startup focused on satellite-based secure computing, has raised $10 million in seed funding. The round was co-led by Maven11 and Lattice, with participation from Superscrypt, Arbitrum Foundation, Nascent, Offchain Labs, Hashkey, and Chorus One.
SpaceComputer plans to use the funds to build an orbital network for securely processing blockchain operations from space. The company will construct and launch its first satellites—called SpaceTEE units—equipped with secure computing hardware to run secure blockchain and cryptographic tasks in orbit. The funding will also support the development of network software, establishment of satellite coordination mechanisms, and delivery of new services such as private computation and secure data logging. Co-founder Daniel Bar described the project as representing an "optimistic and pragmatic cypherpunk ambition."
