Orbital data center startup Aetherflux is reportedly raising a Series B funding round at a $2 billion valuation. According to reporting by the Wall Street Journal, citing sources familiar with the matter, Aetherflux aims to raise between $250 million and $300 million in the latest funding round, led by current investor Index Ventures. Aetherflux plans to deliver high performance AI compute data centers in orbit, with the first data center node for commercial use targeted for Q1 2027. The company said it aims to help solve access to energy for scaling AI infrastructure by pioneering orbital data center satellites to leverage solar power in space. Aetherflux aims to deploy a constellation of satellites, dubbed “Galactic Brain.” The company raised $50 million in a Series A round last year, led by Index Ventures and technology investment company Interlagos. The Series A round saw investment from Bill Gates’s Breakthrough Energy Ventures, Andreessen Horowitz, New Enterprise Associates, and actor Jared Leto. It has since raised an additional $30 million, according to Wall Street Journal’s sources.

Full report : Space data center company Aetherflux aims to raise between $250 million and $300 million in the latest funding round, led by current investor Index Ventures.

For more see the OODA Company Profile on Aetherflux.