Companies / Varda Space Industries
Varda Space Industries
Varda Space Industries is pioneering in-space manufacturing, using microgravity to produce pharmaceutical compounds and advanced materials that cannot be made on Earth. The company successfully returned its first re-entry capsule in 2024 carrying drug crystals grown in orbit, proving the commercial viability of space-based manufacturing.
Founded
2020
Headquarters
El Segundo, CA
CEO
Will Bruey
Headcount
200+
Total Funding
$283M
Latest Valuation
$1.8B
Status
private
Products
W-Series spacecraftIn-space pharmaceutical manufacturing
Funding History
| Round | Amount | Valuation | Lead Investors | Date |
|---|---|---|---|---|
| Series B | $90M | $1.8B | Khosla Ventures, Caffeinated Capital | Nov 1, 2024 |