Varda Space Raising New Tranche Of Funding At $500M Post-Money Valuation
PRIVATEMay 17, 2023
Round Type
Funding Round
El SegundoOtherManufacturingInformation TechnologyBiotechnology
Investors
Hf ScaleJordan CroomSide Door Ventures
Description
Varda Space Industries, the in-space manufacturing startup that wants to revolutionize the production of pharmaceuticals, semiconductors, and more, is in the process of raising $25 million in new capital that would put its valuation at around $500 million after investment, according to documents viewed by TechCrunch.
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Company Information
Company
Varda Space Industries
Location
El Segundo, California, United States
About
Varda Space Industries is making reentry as common as launch. We are building the infrastructure for a thriving orbital economy and enabling foundational science, from in-orbit pharmaceutical processing to reliable and economical hypersonic reentry capsules.
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Fundz sees it the moment Varda Space Industries raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
El SegundoOtherManufacturingInformation TechnologyBiotechnology