RaiseTrack

Fortastra Series A (2026)

Fortastra raised $30 million in a Series A round, announced on 2026-10-08. The round was led by First In.

Company
Fortastra
Round type
Series A
Date
2026-10-08
Amount
$30M
Industry
space, defense
Location
Torrance, CA

Summary

Fortastra announced the close of a $30 million Series A on 2026-10-08, led by First In, with participation from Upfront Ventures, Space Capital, Rsquared, Side Door Ventures and ATX Ventures, plus other new and existing investors. An SEC Form D signed on 2026-10-08 reports $32,551,597 of equity sold to 17 investors since 2026-09-18; the filing does not explain the difference from the announced $30 million, so the announced amount is shown. The company says the money will go to developing and commissioning its on-orbit security spacecraft, growing its engineering and operations team, and its autonomy and manufacturing work.

Investors

Lead

  • First In lead

Participating

  • Upfront Ventures participant
  • Space Capital participant
  • Rsquared participant
  • Side Door Ventures participant
  • ATX Ventures participant

Sources

Last verified:

  1. https://www.prnewswire.com/news-releases/fortastra-raises-30-million-in-series-a-funding-to-scale-maneuverable-spacecraft-for-on-orbit-security-302902001.html
    Type: company announcement. Accessed 2026-10-09.
    Fortastra release via PR Newswire, datelined Los Angeles, 2026-10-08 (13:00 UTC). Announces the close of a $30 million Series A led by First In with Upfront Ventures, Space Capital, Rsquared, Side Door Ventures and ATX Ventures, plus other new and existing investors. Says Fortastra is headquartered in Torrance, California, and names founder and CEO Mike Smayda.
  2. https://payloadspace.com/fortastra-raises-30m-series-a-to-fund-its-next-security-spacecraft/
    Type: reputable publication. Accessed 2026-10-09.
    Payload article dated 2026-10-08. Reports the $30M Series A led by First In, with Upfront, Space Capital, Rsquared, Side Door Ventures and ATX Ventures and other new and existing investors.
  3. https://spacenews.com/fortastra-closes-30-million-series-a-round/
    Type: reputable publication. Accessed 2026-10-09.
    SpaceNews article dated 2026-10-08 (partly paywalled). Reports that Fortastra, a Los Angeles startup developing maneuverable spacecraft for on-orbit security, raised $30 million in a Series A announced Oct. 8, and that it has 18 employees.
  4. https://www.sec.gov/Archives/edgar/data/2081105/000208110526000001/0002081105-26-000001-index.htm
    Type: sec filing. Accessed 2026-10-09.
    SEC Form D for Fortastra Corp, Torrance, CA, signed 2026-10-08. Reports $32,551,597 of equity sold out of $32,551,597 offered to 17 investors, first sale 2026-09-18, incorporated in 2025. It does not name investors or a round type, and its total is larger than the announced $30 million.