Firefly Completes Oversubscribed $75M Series A And $100M Secondary Transaction
05/04/21, 1:12 PM
Location
boca ratonMoney raised
$75 million
Round Type
series a
Firefly Aerospace Inc., a leading provider of economical and dependable launch vehicles, spacecraft, and in-space services, today announced the successful completion of its Series A financing. The $75 million Series A, which valued the company at greater than $1 billion, was led by DADA Holdings, with participation by Astera Institute, Canon Ball LLC, Reuben Brothers Limited, SMS Capital Investment LLC, Raven One Ventures, The XBTO Ventures and other investors. The Series A capital raise team was led by Darren Ma, Firefly CFO. Investor outreach was led by Eric Salwan, Firefly Co-founder and Director of Commercial Business Development
Company Info
Location
boca raton, montana, united states
Additional Info
Firefly Aerospace (PRNewsfoto/AE Industrial Partners, LP)Noosphere Ventures"With the closing of our previously announced acquisition, plus the additional Series B funding, Firefly now has the resources to deliver new innovations in space launch vehicles," said Kirk Konert, Partner at AEI.