Axiom Space, a Houston-based space technology company, has raised $480 million in funding, reaching a $1.26 billion valuation as of August 2023. The company’s investors include C5 Capital, AlJazira Capital, and Boryung Pharmaceutical. Its most recent round, a $350 million Series C in August 2023, was aimed at accelerating the development of its commercial space station. Founded in 2016, Axiom Space builds orbital infrastructure for research, manufacturing, and space tourism advancing humanity’s long-term presence beyond Earth.