Startup · United States

Varda

HQ El Segundo, United StatesFounded 2021

Varda Space Industries is a pioneering company in the field of microgravity-enabled life sciences and orbital manufacturing. Based in El Segundo, California, Varda develops and operates platforms that process materials in orbit and return them to Earth, with a focus on industries such as biopharma, government, and advanced materials. Their unique approach leverages the benefits of microgravity to create products—like pharmaceuticals and fiber optic cables—that are difficult or impossible to manufacture on Earth. By providing reliable and economical reentry capsules and accelerating the development of commercial space infrastructure, Varda is expanding the economic bounds of humankind and driving innovation in the orbital economy.

Series D · Sep 30, 2026

Funding6 rounds · $582M

Disclosed: $582M
Latest: $251MSeries D · Sep 30, 2026

Cumulative raised$582M

Dec 8, 2020Sep 30, 2026

Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Sep 30, 2026	Series D	$251M	$1.60B?	Lux Capital, Natural Capital	8090 Industries, Also Capital, Caffeinated Capital, Founders Fund, General Catalyst, Giant Step Capital, Khosla Ventures	Confirmed
Jul 10, 2025	Series C	$187M	—	Natural Capital, Shrug Capital	Also Capital, Caffeinated Capital, Founders Fund, Khosla Ventures, Lux Capital	Confirmed
Apr 5, 2024	Series B	$90.0M	—	Caffeinated Capital	Founders Fund, General Catalyst, Khosla Ventures, Lux Capital	Confirmed
Oct 14, 2021	Undisclosed	$2.8M	—	—	—	Confirmed
Jul 29, 2021	Series A	$42.0M	—	Caffeinated Capital, Khosla Ventures	Founders Fund, General Catalyst, Lux Capital	Reported
Dec 8, 2020	Seed	$9.0M	—	Founders Fund, Lux Capital	Also Capital, Fifty Years	Reported

Series D
Led by Lux Capital, Natural Capital
With 8090 Industries, Also Capital, Caffeinated Capital, Founders Fund, General Catalyst, Giant Step Capital, Khosla Ventures
Valuation $1.60B?
Confirmed
$251M
Sep 30, 2026
Series C
Led by Natural Capital, Shrug Capital
With Also Capital, Caffeinated Capital, Founders Fund, Khosla Ventures, Lux Capital
Confirmed
$187M
Jul 10, 2025
Series B
Led by Caffeinated Capital
With Founders Fund, General Catalyst, Khosla Ventures, Lux Capital
Confirmed
$90.0M
Apr 5, 2024
Undisclosed
Confirmed
$2.8M
Oct 14, 2021
Series A
Led by Caffeinated Capital, Khosla Ventures
With Founders Fund, General Catalyst, Lux Capital
$42.0M
Jul 29, 2021
Seed
Led by Founders Fund, Lux Capital
With Also Capital, Fifty Years
$9.0M
Dec 8, 2020

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

Sources13

Profile3

1
OtherVarda - Black Flag Job Board
Black Flag · Supports Organization
“Pioneers microgravity-enabled manufacturing in orbit, producing advanced materials and pharmaceuticals that are difficult or impossible to make on Earth, and”
2
CompanySpace born, Earth bound • Varda Space IndustriesXLinkedInYouTubeInstagram
Varda Space Industries · Supports Organization · name
“Space born, Earth bound • Varda Space IndustriesXLinkedInYouTubeInstagram”
3
CompanyVarda company
varda.com · Supports Organization · founded year
“Varda was founded in January 2021 by Will Bruey and Delian Asparouhov”

Funding10

4
CompanyVarda Announces $251 Million Series D to Scale Space-Based Pharmaceutical Processing
PR Newswire · Sep 30, 2026 · Supports Funding round · amount
“The $251 million fundraise was led by Lux Capital and Natural Capital, with participation from Founders Fund, Khosla Ventures, Caffeinated Capital, General Catalyst, 8090 Industries, Giant Step, and Also Capital.”
5
NewsVarda raises $250 million at $1.6 billion valuation to scale orbital drug manufacturing
Reuters · Sep 30, 2026 · Supports Funding round · post money valuation usd
“at a $1.6 billion valuation”
6
CompanyVarda Announces $187 million in Series C Funding to Make Medicines in Space
PR Newswire · Jul 10, 2025 · Supports Funding round · amount
“The $187 million fundraise was led by Natural Capital and Shrug Capital, with participation from Founders Fund, Peter Thiel, Khosla Ventures, Caffeinated Capital, Lux Capital, and Also Capital.”
7
CompanyVarda Announces $90 million Series B Funding to Build Factories in Space
PR Newswire · Apr 5, 2024 · Supports Funding round · amount
“today announced the completion of a $90 million Series B funding round, led by Caffeinated Capital, with participation from Lux Capital, General Catalyst, Founders Fund, and Khosla Ventures”
8
Regulatory filingVarda Space Industries, Inc. - SEC Form D (0001839597-22-000001)
U.S. Securities and Exchange Commission · Jan 18, 2022 · Supports Funding round · amount
“Total Amount Sold $2,770,000 USD”
9
Regulatory filingVarda Space Industries, Inc. - SEC Form D (0001839597-21-000001)
U.S. Securities and Exchange Commission · Sep 20, 2021 · Supports Funding round · amount
“Total Amount Sold $42,249,902 USD”
10
NewsVarda Space Industries closes $42M Series A for off-planet manufacturing
TechCrunch · Jul 29, 2021 · Supports Funding round, Funding round · amount
“The round was led by Khosla Ventures and Caffeinated Capital, with participation from existing investors Lux Capital, General Catalyst and Founders Fund.”
11
Regulatory filingVarda Space Industries, Inc. - SEC Form D (0001792948-21-000001)
U.S. Securities and Exchange Commission · Jan 22, 2021 · Supports Funding round · amount
“Total Amount Sold $8,999,977 USD”
12
NewsSpace manufacturing startup Varda, incubated at Founders Fund, emerges with $9 million in funding
TechCrunch · Dec 8, 2020 · Supports Funding round · amount
“Varda’s backers, which put $9 million into the company, were led by Founders Fund and Lux Capital.”
13
NewsVarda Space raises $9 million for manufacturing in space
Axios · Dec 8, 2020 · Supports Funding round
“has raised $9 million in seed funding led by Founders Fund and Lux Capital”

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