Funding

California-Based Space Raises $2.4M in Pre-Seed funding

Aug 19, 2026 | By Devin Jacobs

SUMMARY

Space raised $2.4M in Pre-Seed funding.
The funding will support platform development and expansion.
Space provides AI-powered cloud data management solutions.

Space, a San Francisco, CA-based provider of an AI-native distributed filesystem, has raised $2.4 million in a Pre-Seed financing Round led by a16z Speedrun.

The round also saw participation from Golden Ventures, Northside Ventures, and angel investors.

The company will use the funding to expand its operations and develop its platform for teams working in video, marketing, architecture, engineering and construction (AEC), and AI-native industries.

Funding Snapshot

Metric	Details
Fundraise Amount	$2.4 Million
Funding Stage	Pre-Seed
Lead Investor	a16z Speedrun
Other Investors	Golden Ventures, Northside Ventures, Angel Investors
Company	Space
Sector	AI Infrastructure / Distributed File Systems
Headquarters	San Francisco, California, US

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About Space

Founded in 2026 by Matthew Ao, Jason Zhao, Arihant (Ari) Bapna, Space is developing a filesystem that makes cloud hosted data behave like local files. Its technology allows computers, applications, teammates and AI agents to work from the same live data without repeatedly moving or duplicating files.

The company is targeting industries where traditional storage systems can slow down collaboration and AI workflows because large amounts of data must first be downloaded, transferred, copied, or connected through separate integrations.

Core offerings include:

AI-native distributed filesystem
Shared access to live cloud-hosted files
Filesystem based access for AI agents
Data infrastructure for large unstructured datasets

Core Technologies / Products / Services

Capability/Product	Application/Use Case
Distributed Filesystem	Makes cloud data behave like local files
Shared Data Layer	Enables teams and applications to work on the same live data
AI Agent Access	Allows AI agents to access data without traditional ingestion pipelines
Cloud-Local Integration	Reduces the need for downloads and duplicate file copies

Leadership Comments

“The filesystem is the layer shared by every application, device, user, and agent. Rebuilding it around live, distributed data makes every workflow above it faster,” said Arihant Bapna, Co-Founder of Space.

“The computer no longer needs to hold every file. It becomes a window into any file, wherever it lives and however large it is,” said Matthew Ao, Co-Founder of Space.