Varda Space Industries, Inc. raised $90 million in a Series B funding round led by Caffeinated Capital to build factories in space.
PRIVATEApr 05, 2024
Amount Raised
$90 Million
Round Type
Series B
El SegundoOtherManufacturingInformation TechnologyBiotechnology
Investors
Khosla VenturesFounders FundGeneral CatalystLux CapitalCaffeinated Capital
Description
Varda Space Industries, Inc. has completed a $90 million Series B funding round, led by Caffeinated Capital, with participation from Lux Capital, General Catalyst, Founders Fund, and Khosla Ventures. The company aims to build infrastructure to support manufacturing in microgravity and make low Earth orbit accessible to industry.
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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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