Firefly Completes Oversubscribed $75M Series A And $100M Secondary Transaction

Firefly Aerospace Inc., a leading provider of economical and dependable launch vehicles, spacecraft, and in-space services, today announced the successful completion of its Series A financing. The $75 million Series A, which valued the company at greater than $1 billion, was led by DADA Holdings, with participation by Astera Institute, Canon Ball LLC, Reuben Brothers Limited, SMS Capital Investment LLC, Raven One Ventures, The XBTO Ventures and other investors. The Series A capital raise team was led by Darren Ma, Firefly CFO. Investor outreach was led by Eric Salwan, Firefly Co-founder and Director of Commercial Business Development