Planet Ventures Inc. (CSE:PXI, OTC:PNXPF, FRA:P6U), the Vancouver-based investment company, has completed a $100,000 indirect investment in Starcloud, a US technology company developing data centers in orbit.
The investment was made through an equity stake in a special purpose vehicle called ST-0504 Fund I, rather than directly in Starcloud.
Starcloud is building orbital computing infrastructure intended to support artificial intelligence and other high-performance computing applications, using solar power and the space environment for energy and cooling.
The investment formed part of Starcloud's $250 million Series A extension financing, which the company said valued it at $2.3 billion on a post-money basis.
That round was led by Manhattan West and included participation from Nvidia, Cisco Investments, Benchmark, EQT, Soma, NFX and 776.
According to Starcloud, the latest financing brings its total capital raised to approximately $450 million.
The company was founded in 2024 by Philip Johnston, Ezra Feilden and Adi Oltean and joined Y Combinator's Summer 2024 cohort.
Starcloud launched its Starcloud-1 spacecraft carrying an Nvidia H100 graphics processing unit in November 2025, which it describes as the first H100 GPU in orbit.
Etienne Moshevich, chief executive of Planet Ventures, said the investment reflected the company's strategy of backing technologies tied to major long-term shifts.