Tech Company Financing Transactions
Varda Space Industries Funding Round
Varda Space Industries, based in El Segundo, secured $90 million from Caffeinated Capital, Founders Fund and General Catalyst.
Transaction Overview
Company Name
Announced On
4/5/2024
Transaction Type
Venture Equity
Amount
$90,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
225 South Aviation Boulevard
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Undisclosed
Website
Email Address
Overview
Varda is designing and building the infrastructure needed to make low Earth orbit accessible to multiple industries, from in-orbit production equipment to reliable and economical reentry capsules.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Delian Asparouhov
Founder
Will Bruey
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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