“It’s a very different conversation with investors than it was five years ago.”…

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Reusable rocket startup Stoke Space raises $260 million in Series C round

(Reuters) – Stoke Space raised $260 million in a late-stage funding round to finalize the development of its Nova reusable medium-lift rocket and complete construction of its launch facility in Florida, the company said on Wednesday. Reusable rockets, pioneered by Elon Musk’s SpaceX, have demonstrated that they bring down costs for launch vehicles and space transportation. With mega constellations for satellite communications, space-based imagin…

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Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide.

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Reusable rocket startup Stoke raised another massive round: $260M

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Stoke Space raises a ton of money as it moves closer to debut launch

Stoke Space has raised $260 million to advance development of a fully reusable medium-lift launch vehicle and its Cape Canaveral launch site. The post Stoke Space raises $260 million appeared first on SpaceNews.

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Stoke Space raises $260 million

KENT, Wash.–(BUSINESS WIRE)–Stoke Space, the rocket company building the world’s first 100% reusable medium-lift rocket, announced today that it has raised $260 million in new Series C investment to drive continued growth and innovation. This investment more than doubles the company’s total funding, bringing it to $480 million. The funding round involves new and existing investors including Breakthrough Energy Ventures, Glade Brook Capital Partn…

citybiz

Stoke Space Announces $260 Million Investment

Stoke Space raised $260M to continue developing its fully reusable Nova rocket and to complete the build out of its launch pad, the company announced yesterday.  Breakthrough Energy Ventures, Y Combinator, Point72 Ventures, and Woven Capital participated in the Series C. The Kent, WA-based startup plans to launch Nova on its maiden flight this year. “The last couple of years has been a tighter funding environment,” Stoke’s CEO Andy Lapsa told Pa…

Payload

Stoke Secures $260M Series C For Its 100% Reusable Rocket

Kent, Wash.-based Stoke Space says it’s raised $260 million in a new founding round to finish the development of its fully reusable Nova rocket and complete construction of a launch complex in Florida. Investors in the Series C funding round include Bill Gates’ Breakthrough Energy Ventures, Glade Brook Capital Partners, Industrious Ventures, Leitmotif, Point72 Ventures, Seven Seven Six, the University of Michigan, Woven Capital and Y Combinator.…

Cosmic Log

Stoke Space raises $260M for its fully reusable rocket

Reusable rocket startup Stoke Space locked up a $260 million Series C as the space tech sector looks to build off a successful 2024 in terms of fundraising. The Kent, Washington-based company is developing fully reusable rockets that make low-cost access to and from space possible. It intends to use the new funding to complete construction of its  Nova launch vehicle at the Cape Canaveral Space Force Station in Florida. “We deeply appreciate the…

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Stoke Space Looks To Blast Off With $260M Series C

Y Combinator alum Stoke Space just raised a $260 million series C, bringing its total raised to $480 million. This follows $100 million raised in October 2023, and $75 million in December 2021. The company was founded in 2019 by Blue Origin veterans Andy Lapsa and Tom Feldman, who launched his career as a SpaceX intern. Stoke attended the winter 2021 YC cohort. The space startup has an ambitious goal to build the first fully reusable rocket, mea…

RocketNews

Stoke Space, a Seattle, WA-based company building a reusable medium-lift rocket, raised $260M in Funding. The round was led by Breakthrough Energy Ventures, Glade Brook Capital Partners, Industrious Ventures, Leitmotif, Point72 Ventures, Seven Seven Six, the University of Michigan, Woven Capital, and Y Combinator, among others. The company intends to use the funds to complete […] The post Stoke Space Raises $260M in Funding appeared first on Fin…

Stoke Space raises a ton of money as it moves closer to debut launch

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