Varda Space Industries

Raised $251M in a Series D round, announced 30 September 2026.

Round

Varda raised $251 million in Series D funding to increase launch cadence and advance space-manufactured pharmaceuticals.

Amount
$251M
Stage
Series D
Announced
30 September 2026
Leads
Lux Capital, Natural Capital
Other investors
Founders Fund, Khosla Ventures, Caffeinated Capital, General Catalyst, 8090 Industries, Giant Step, Also Capital
Use of funds
Increase cadence, deepen pharmaceutical partnerships, get closer to delivering the first medicine made in space.
Total raised
$598M to date
Checked
Announced by the company

Company

Develops space-based pharmaceutical processing and hypersonic reentry systems

Based in
El Segundo, United States
Sector
Health
Website
varda.com ↗

Founder

  • Delian Asparouhovco-founder and President

Sources and links

Sources
Varda Announces $251 Million Series D to Scale Space-Based Pharmaceutical Processing prnewswire.com
Varda Space Industries Raises $251M in Series D Funding - FinSMEs news.google.com
Website
varda.com ↗
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