Varda Space Industries announces $187 million in Series C funding, led by Natural Capital and Shrug Capital, to enhance microgravity medicine manufacturing.
Amount Raised
$187 Million
Round Type
Series C
El SegundoOtherManufacturingInformation TechnologyBiotechnologyInvestors
Description
Varda Space Industries announced a Series C fundraising round, totaling $329 million raised to date. The $187 million round was led by Natural Capital and Shrug Capital, with participation from notable investors. The funding will support Varda's pharmaceutical lab development for microgravity drug formulations. The company operates unique orbital laboratories for innovative drug production in space.
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