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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.

Who to call at Varda Space Industries, and when

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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.

Related People

1 contact
Verified contactsMichael A., Director hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Varda Space Industries raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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