Varda Space Industries, founded in 2020, is a space manufacturing company aiming to build a “space factory” that will produce high value products in space and deliver them back to Earth and operate on commercial supply chains. Varda’s goal is to manufacture products that have a higher performance when produced in zero gravity, like fiber optic cables, pharmaceuticals, and semiconductors, aboard an orbital manufacturing platform, and then deliver these products back to Earth via a re-entry capsule.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/16/2024 | Series C | $170.61MM | $xx.xx | $696.13MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
14,096,425
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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04/05/2024 | Series B-1 | $3.02MM | $xx.xx | $387.65MM | Archangel-1, Caffeinated Capital, Fifty Years, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital, Space Capital | |
Price per Share
$xx.xx
Shares Outstanding
391,849
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Archangel-1, Caffeinated Capital, Fifty Years, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital, Space Capital
|
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04/05/2024 | Series B | $80.06MM | $xx.xx | $387.65MM | Archangel-1, Caffeinated Capital, Fifty Years, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital, Space Capital | |
Price per Share
$xx.xx
Shares Outstanding
7,232,382
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Archangel-1, Caffeinated Capital, Fifty Years, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital, Space Capital
|
||||||
07/29/2021 | Series A-1 | $2.25MM | $xx.xx | $158.39MM | Caffeinated Capital, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital | |
Price per Share
$xx.xx
Shares Outstanding
908,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caffeinated Capital, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital
|
||||||
07/29/2021 | Series A | $40MM | $xx.xx | $158.39MM | Caffeinated Capital, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital | |
Price per Share
$xx.xx
Shares Outstanding
6,795,516
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caffeinated Capital, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital
|
||||||
12/08/2020 | Series Seed | $9MM | $xx.xx | $30MM | Founders Fund, Lux Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,750,674
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund, Lux Capital
|