Lumen Orbit has successfully closed an oversubscribed seed funding round exceeding $10 million, marking it as a standout in Y Combinator's latest cohort. The startup aims to revolutionize data processing by establishing a network of space-based data centers capable of supporting large AI models. Founded in early 2024, Lumen is set to launch its demonstrator satellite in 2025, partnering with Nvidia’s Inception program. With increasing demand for energy-efficient data solutions, Lumen's innovative approach has attracted significant VC interest despite challenges in customer adoption. The startup previously raised $2.4 million in pre-seed funding earlier this year.