Sands Capital

Counted rounds

Led

1 as participant

Companies

Disclosed round value

$500M

1 of 1 rounds disclosed; whole rounds, not this investor's share

First deal

2026-07-30

K2 Space

Latest deal

2026-07-30

K2 Space

Sands Capital appears on 1 counted private space funding round in our records, into 1 company: recorded as lead on 0 and as a participant on 1.

The round is K2 Space, 30 July 2026.

1 of the 1 round disclosed a size, together $500M. That is the size of the rounds Sands Capital took part in, not the amount Sands Capital invested: we hold no per-investor allocations and do not estimate them.

The investor most often on the same counted rounds as Sands Capital is Altimeter Capital, on 1 round.

1 other recorded transaction naming Sands Capital is not counted in this portfolio; it is listed separately with the class that keeps it out (companies not classed as space: 1).

Portfolio: counted rounds

Private funding rounds into space companies that name Sands Capital as lead or participant, newest first, each with its source. Round size is the whole round; a blank size was never disclosed and is not estimated.

Sands Capital counted rounds. 1 rows.
Date	Company	Stage	Role	Round size	Source
2026-07-30	K2 SpaceRecorded as Series D	Series D and later	Participant	$500M	GovCon Wire (opens the source for this round)

Rounds come from company announcements, regulatory filings and press reports. Amounts, valuations and investors are as reported and may be incomplete or later revised. Not investment advice, and not an offer or solicitation for any security. Full disclaimer

By stage, sector and year

Stage
Stage	Rounds
Series D and later	1

Sector of the company
Sector	Rounds
Manufacturing	1

Year
Year	Rounds
2026	1

Co-investors

Investors named on the same counted rounds, by the number of rounds shared.

Not counted in this portfolio

Other recorded transactions that name Sands Capital. Each class below is kept out of every figure on this page by the same rule our quarterly funding editions use; they are listed so nothing is hidden.

Private rounds and grants into companies not classed as space (defense and other cross-domain companies without a space subsector): 1

Sands Capital transactions not counted. 1 rows.
Date	Company	Class	Role	Round size	Source
2024-08-07	Anduril IndustriesRecorded as Series F	Private rounds and grants into companies not classed as space (defense and other cross-domain companies without a space subsector)	Lead	$1.50B	CNBC (opens the source for this round)

How this page is built

Computed from the SpaceNexus funding record: every figure is a count, a sum or a date over our own rows, and every sentence is a fixed template filled from them. Nothing on this page is written or estimated by a model.
A round counts when it is a published private funding round into a space company, the rule behind our quarterly funding editions and the Most Active Space Investors release.
Investor names are read from each round's recorded lead and investor fields by fixed rules: co-leads written “A / B” or “A; B” are split, hand-checked spelling variants are merged and fund vehicles are credited to the firm that manages them. The wording as recorded is shown beside any row where it differs.
Only 468 of the 626 counted rounds in our records name any investor, so this is what our records show, not a complete list of Sands Capital's investments.
Pages join search engines once an investor appears on at least 2 counted rounds. This page is not offered to search engines yet.
No investor pays to appear here or to change what is shown.

Newsletter

Headline figures

Portfolio: counted rounds

By stage, sector and year

Co-investors

Not counted in this portfolio

How this page is built