Relativity Space raised $650M in a Series E round led by Blackrock, Coatue, and others to focus on the development of the Terran R rocket for transporting payloads to LEO.
Amount Raised
$650 Million
Round Type
Series E
Investors
Description
Relativity Space, a space launch company that has raised $1.3B in total since its inception nearly a decade ago, secured $650M in a Series E funding round. The funding will primarily support the development of the Terran R rocket, designed for heavy-lift and reusable transport of payloads to Low Earth Orbit (LEO).
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