EL SEGUNDO, CA, Varda Space Industries announced a Series C fundraising round today, bringing the total amount of capital raised by the microgravity-enabled life sciences company to $329 million.
The $187 million fundraise was led by Natural Capital and Shrug Capital, with participation from Founders Fund, Peter Thiel, Khosla Ventures, Caffeinated Capital, Lux Capital, and Also Capital.
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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