Varda Space Industries, Inc. raised $90 million in a Series B funding round led by Caffeinated Capital to build factories in space.
Amount Raised
$90 Million
Round Type
Series B
El SegundoOtherManufacturingInformation TechnologyBiotechnologyInvestors
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.
Quick answer
Varda Space Industries raised $90 Million in a Series B round, dated April 5, 2024. Investors: Khosla Ventures, Founders Fund, General Catalyst, Lux Capital and Caffeinated Capital. Varda Space Industries is based in El Segundo, California, United States.
- How much did Varda Space Industries raise?
- Varda Space Industries raised $90 Million in a Series B round on April 5, 2024.
- Who invested in Varda Space Industries?
- Khosla Ventures, Founders Fund, General Catalyst, Lux Capital and Caffeinated Capital are named as investors in this round.
- What does Varda Space Industries do?
- Varda Space Industries is making reentry as common as launch.
- Where is Varda Space Industries based and how big is it?
- Varda Space Industries is based in El Segundo, California, United States. Fundz records about 161 employees.
- Who are the decision-makers at Varda Space Industries?
- Fundz holds 1 contact at Varda Space Industries, including the Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Biotechnology around the same time
Companies in the same sectors as Varda Space Industries that raised within 45 days of this round, from Fundz verified event records.
- Oxford Endovascular raised $10M (Series A) on May 19, 2024.
- T2 Biosystems raised $8M (Post-IPO Equity) on May 16, 2024.
- Nanordica Medical raised $1.9M (Seed) on May 16, 2024.
- Elegen raised $35M (Series B) on May 14, 2024.
- MED-X raised $250K on May 14, 2024.
- MED-X raised $838K on May 14, 2024.
Who to call at Varda Space Industries, and when
A new round usually means Varda Space Industries is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Varda Space Industries raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Varda Space Industries, from your own LinkedIn network
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Funding Insights
What this usually meansVarda Space Industries raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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