Northwood Space said Monday that it raised $375 million in a Series C funding round, according to TechCrunch.

Andreessen Horowitz and DFJ Growth co-led the round. The financing values the space infrastructure company at $2 billion, TechCrunch reported.

The funding gives Northwood a higher private-market valuation as it develops infrastructure for the space industry. The report did not include additional details about how the company plans to use the capital or the specific terms of the investment.