GiantLeap Capital, an alternative investment firm that partners with companies developing technologies for critical industries, announced an investment in Firefly Aerospace, the leader in end-to-end responsive space services.

The $175 million Series D round was oversubscribed at a more than $2 billion valuation. The Series D round was led by new investor, RPM Ventures, a venture capital firm that has been investing in revolutionary, category-defining companies for more than two decades and existing investor, AE Industrial Partners, a private investment firm with over $6bn in AUM focused on highly specialized markets including national security, aerospace and industrial services.

Firefly Aerospace is an end-to-end space transportation company with launch, lunar, and on-orbit services. Firefly is a portfolio company of AEIndustrial Partners focused on delivering responsive, reliable, and affordable space access for government and commercial customers. Firefly's small- to medium-lift launch vehicles, lunar landers, and orbital vehicles provide the space industry with a single source for missions from low Earth orbit to the surface of the Moon and beyond.