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Varda Space Raising New Tranche Of Funding At $500M Post-Money Valuation
05/17/23, 4:18 PM
Location
torranceInvestors
Hf Scale, Jordan Croom, Side Door Ventures
Varda Space Industries, the in-space manufacturing startup that wants to revolutionize the production of pharmaceuticals, semiconductors, and more, is in the process of raising $25 million in new capital that would put its valuation at around $500 million after investment, according to documents viewed by TechCrunch.
Company Info
Location
433 alaska ave
torrance, california, united states
Additional Info
We create game-changing products that defy gravity’s constraints on Earth. Using our spacecraft as a manufacturing platform in microgravity, we revolutionize the production process. And with our economical re-entry capsules, we not only bring these products back safely to Earth, but also pave the way to study and advance hypersonic systems.
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