logo
logo

Relativity Space raised $4.5 billion in a Series F funding round led by Mark Cuban to support the development of the Terran R rocket.

Jan 07, 2025•6 months ago

Amount Raised

$4.5 Billion

Round Type

series f

Long Beach

Investors

Mark Cuban

Description

Relativity Space, an innovative company based in California, completed a Series F funding round following its valuation of $4.5 billion. This funding will aid the company's transition from the Terran 1 rocket to the more advanced Terran R rocket.

Company Information

Company

Relativity Space, Inc.

Location

3500 E. BURNETT ST.

Long Beach, California, United States

About

Relativity Space is a space launch company that specializes in building and launching 3D printed rockets. Their most recent focus is on the heavy-lift and reusable Terran R rocket, designed to transport payloads to Low Earth Orbit (LEO).

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Related People