Varda Space Industries valuation, funding and investors
Varda Space Industries works in orbital manufacturing infrastructure development, based in El Segundo, United States. Founded in 2021, it has about 276 employees.
- Last round
- Series D · $251M · Sep 2026
- Valuation at last round
- $1.60B
- Headcount
- 276 · growing
- Grade
- A
- Founded
- 2021
Varda Space Industries valuation today
VCMC values Varda Space Industries at $1.6B today, with a range of $1.4B to $2.4B and a grade of A. The valuation starts from its last funding round, a Series D round in Sep 2026.
Valuation by date (87 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2020 | $16.3M | $5.94M – $44.8M | $18.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $16.5M | $5.99M – $45.2M | $18.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $16.6M | $6.05M – $45.6M | $18.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $16.8M | $6.10M – $46.0M | $18.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $16.9M | $6.16M – $46.4M | $18.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $17.1M | $6.21M – $46.9M | $19.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $17.2M | $6.27M – $47.3M | $19.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $17.4M | $6.33M – $47.7M | $19.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $17.5M | $6.38M – $48.2M | $19.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $17.7M | $6.44M – $48.6M | $19.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $17.9M | $6.50M – $49.0M | $19.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $18.0M | $6.56M – $49.5M | $20.1M (+11%) | before first round | – | unknown | D | 0% |
| 9 Dec 2020 | $60.1M | $39.4M – $183M | $120M (+100%) | after a round | – | unknown | C | 0% |
| 1 Jan 2021 | $62.8M | $39.4M – $183M | $120M (+91%) | after a round | – | unknown | C | 0% |
| 1 Feb 2021 | $66.6M | $39.4M – $183M | $120M (+80%) | after a round | – | unknown | C | 0% |
| 1 Mar 2021 | $70.2M | $39.4M – $183M | $120M (+71%) | after a round | – | unknown | C | 0% |
| 1 Apr 2021 | $74.5M | $39.4M – $183M | $120M (+61%) | after a round | – | unknown | C | 0% |
| 1 May 2021 | $78.9M | $39.4M – $183M | $120M (+52%) | after a round | – | unknown | C | 0% |
| 1 Jun 2021 | $83.6M | $39.4M – $183M | $120M (+43%) | after a round | – | unknown | C | 0% |
| 1 Jul 2021 | $88.5M | $39.4M – $183M | $120M (+36%) | after a round | – | unknown | C | 0% |
| 30 Jul 2021 | $12.5M | $8.21M – $34.2M | $22.5M (+80%) | after a round | – | unknown | C | 0% |
| 1 Aug 2021 | $12.6M | $8.21M – $34.2M | $22.5M (+79%) | after a round | – | unknown | C | 0% |
| 1 Sep 2021 | $13.2M | $8.21M – $34.2M | $22.5M (+70%) | after a round | – | unknown | C | 0% |
| 1 Oct 2021 | $13.9M | $8.21M – $34.2M | $22.5M (+62%) | after a round | – | unknown | C | 0% |
| 1 Nov 2021 | $14.6M | $8.21M – $34.2M | $22.5M (+54%) | after a round | – | unknown | C | 0% |
| 1 Dec 2021 | $15.3M | $8.21M – $34.2M | $22.5M (+47%) | after a round | – | unknown | C | 0% |
| 1 Jan 2022 | $16.1M | $8.21M – $34.2M | $22.5M (+40%) | after a round | – | unknown | C | 0% |
| 1 Feb 2022 | $16.9M | $8.21M – $34.2M | $22.5M (+33%) | after a round | – | unknown | C | 0% |
| 1 Mar 2022 | $17.7M | $8.21M – $34.2M | $22.5M (+27%) | after a round | 45 | unknown | C | 0% |
| 1 Apr 2022 | $18.6M | $8.21M – $34.2M | $22.5M (+21%) | after a round | 45 | unknown | C | 0% |
| 1 May 2022 | $19.5M | $8.21M – $34.2M | $22.5M (+15%) | after a round | 45 | unknown | C | 0% |
| 1 Jun 2022 | $20.5M | $8.21M – $34.2M | $22.5M (+10%) | after a round | 45 | unknown | C | 0% |
| 1 Jul 2022 | $21.5M | $8.21M – $34.2M | $22.5M (+5%) | after a round | 45 | unknown | C | 0% |
| 1 Aug 2022 | $22.5M | $8.18M – $34.2M | $22.5M (0%) | after a round | 45 | unknown | C | 0% |
| 1 Sep 2022 | $22.5M | $7.77M – $34.2M | $22.5M (0%) | after a round | 45 | unknown | C | 0% |
| 1 Oct 2022 | $22.5M | $7.40M – $34.2M | $22.5M (0%) | after a round | 45 | unknown | C | 0% |
| 1 Nov 2022 | $22.5M | $7.03M – $34.2M | $22.5M (0%) | after a round | 45 | unknown | C | 0% |
| 1 Dec 2022 | $22.5M | $6.69M – $34.2M | $22.5M (0%) | after a round | 45 | unknown | C | 0% |
| 1 Jan 2023 | $22.5M | $6.36M – $34.2M | $22.5M (0%) | after a round | 45 | unknown | C | 0% |
| 1 Feb 2023 | $22.5M | $6.04M – $34.2M | $22.5M (0%) | after a round | 45 | unknown | C | 0% |
| 1 Mar 2023 | $22.5M | $5.77M – $34.2M | $22.5M (0%) | after a round | 45 | unknown | C | 0% |
| 1 Apr 2023 | $22.5M | $9.20M – $34.2M | $22.5M (0%) | after a round | 71 | growing | C | 0% |
| 1 May 2023 | $22.5M | $9.33M – $34.2M | $22.5M (0%) | after a round | 71 | growing | C | 0% |
| 1 Jun 2023 | $22.5M | $9.47M – $34.2M | $22.5M (0%) | after a round | 71 | growing | C | 0% |
| 1 Jul 2023 | $22.5M | $9.60M – $34.2M | $22.5M (0%) | after a round | 71 | growing | C | 0% |
| 1 Aug 2023 | $22.5M | $8.39M – $34.2M | $22.5M (0%) | after a round | 71 | growing | C | 0% |
| 1 Sep 2023 | $22.5M | $8.40M – $34.2M | $22.5M (0%) | after a round | 71 | growing | C | 0% |
| 1 Oct 2023 | $22.5M | $5.38M – $34.2M | $22.5M (0%) | after a round | 93 | up | C | 0% |
| 1 Nov 2023 | $22.5M | $5.21M – $34.2M | $22.4M (0%) | after a round | 93 | up | C | 0% |
| 1 Dec 2023 | $22.5M | $5.06M – $34.2M | $22.4M (0%) | after a round | 93 | up | C | 0% |
| 1 Jan 2024 | $22.5M | $4.91M – $34.2M | $22.4M (0%) | after a round | 93 | up | C | 0% |
| 1 Feb 2024 | $22.5M | $4.76M – $34.2M | $22.4M (-1%) | after a round | 93 | up | C | 0% |
| 1 Mar 2024 | $22.5M | $8.49M – $34.2M | $22.5M (0%) | after a round | 96 | growing | C | 0% |
| 1 Apr 2024 | $22.5M | $8.50M – $34.2M | $22.5M (0%) | after a round | 96 | growing | C | 0% |
| 6 Apr 2024 | $540M | $380M – $1.1B | $809M (+50%) | after a round | 96 | growing | B | 0% |
| 1 May 2024 | $555M | $380M – $1.1B | $809M (+46%) | after a round | 96 | growing | B | 0% |
| 1 Jun 2024 | $575M | $380M – $1.1B | $809M (+41%) | after a round | 96 | growing | B | 0% |
| 1 Jul 2024 | $601M | $399M – $1.2B | $850M (+41%) | after a round | 120 | growing | B | 0% |
| 1 Aug 2024 | $625M | $399M – $1.2B | $850M (+36%) | after a round | 120 | growing | B | 0% |
| 1 Sep 2024 | $649M | $399M – $1.2B | $850M (+31%) | after a round | 120 | growing | B | 0% |
| 1 Oct 2024 | $674M | $399M – $1.2B | $850M (+26%) | after a round | 120 | growing | B | 0% |
| 1 Nov 2024 | $700M | $399M – $1.2B | $850M (+21%) | after a round | 120 | up | B | 0% |
| 1 Dec 2024 | $727M | $399M – $1.2B | $850M (+17%) | after a round | 120 | up | B | 0% |
| 1 Jan 2025 | $756M | $399M – $1.2B | $850M (+12%) | after a round | 120 | up | B | 0% |
| 1 Feb 2025 | $785M | $399M – $1.2B | $850M (+8%) | after a round | 120 | up | B | 0% |
| 1 Mar 2025 | $813M | $399M – $1.2B | $850M (+4%) | after a round | 120 | up | B | 0% |
| 1 Apr 2025 | $845M | $399M – $1.2B | $850M (+1%) | after a round | 120 | up | B | 0% |
| 1 May 2025 | $850M | $397M – $1.2B | $850M (0%) | after a round | 120 | up | B | 0% |
| 1 Jun 2025 | $850M | $395M – $1.2B | $850M (0%) | after a round | 120 | up | B | 0% |
| 1 Jul 2025 | $850M | $393M – $1.2B | $850M (0%) | after a round | 120 | up | B | 0% |
| 11 Jul 2025 | $500M | $435M – $748M | $650M (+30%) | after a round | 120 | up | A | 0% |
| 1 Aug 2025 | $508M | $435M – $748M | $650M (+28%) | after a round | 161 | growing | A | 0% |
| 1 Sep 2025 | $520M | $435M – $750M | $652M (+25%) | after a round | 163 | growing | A | 0% |
| 1 Oct 2025 | $531M | $435M – $750M | $652M (+23%) | after a round | 163 | growing | A | 0% |
| 1 Nov 2025 | $544M | $435M – $756M | $657M (+21%) | after a round | 169 | growing | A | 0% |
| 1 Dec 2025 | $557M | $435M – $756M | $657M (+18%) | after a round | 169 | growing | A | 0% |
| 1 Jan 2026 | $570M | $435M – $756M | $657M (+15%) | after a round | 169 | growing | A | 0% |
| 1 Feb 2026 | $583M | $435M – $756M | $657M (+13%) | after a round | 169 | growing | A | 0% |
| 1 Mar 2026 | $596M | $435M – $756M | $657M (+10%) | after a round | 169 | growing | A | 0% |
| 1 Apr 2026 | $610M | $435M – $756M | $657M (+8%) | after a round | 169 | growing | A | 0% |
| 1 May 2026 | $655M | $435M – $804M | $699M (+7%) | after a round | 224 | growing | B | 0% |
| 1 Jun 2026 | $674M | $435M – $804M | $699M (+4%) | after a round | 224 | growing | B | 0% |
| 1 Jul 2026 | $693M | $435M – $804M | $699M (+1%) | after a round | 224 | growing | B | 0% |
| 1 Aug 2026 | $699M | $438M – $804M | $699M (0%) | after a round | 224 | growing | B | 0% |
| 1 Sep 2026 | $699M | $443M – $804M | $699M (0%) | after a round | 224 | growing | A | 0% |
| 1 Oct 2026 | $1.6B | $1.4B – $2.4B | $2.1B (+30%) | after a round | 276 | growing | A | 0% |
| 24 Oct 2026 | $1.6B | $1.4B – $2.4B | $2.1B (+28%) | after a round | 276 | growing | A | 0% |
Key facts about Varda Space Industries
- Founded
- 2021
- Headquarters
- El Segundo, United States
- Employees
- about 276 +69% in a year
- Total raised
- $539M
- Funding rounds
- 5
- Last round
- Series D Sep 2026
Varda Space Industries was founded in 2021 by Delian Asparouhov and Will Bruey.
Varda Space Industries funding history
Varda Space Industries has 5 funding rounds on record, from Dec 2020 to Sep 2026, $539M in total. The latest disclosed valuation is $1.60B post-money (Series D, Sep 2026).
Series D 30 Sep 2026
Led by Lux Capital, Natural Capital; with Founders Fund, Khosla Ventures, Caffeinated, General Catalyst, 8090 Industries, Giant Step Capital, Also Capital.
Sources: prnewswire.com, tigi.global, captables.com and 2 more
$251M
$1.60B post-money
Series C 10 Jul 2025
Led by Natural Capital, Shrug Capital; with Founders Fund, Khosla Ventures, Caffeinated, Lux Capital, Also Capital, General Catalyst, Alumni Ventures, Brainstorm Ventures, Chestnut Street Ventures, Digitalis Ventures, Five Two Five, Gaingels, Goanna Capital, Hiddentao Ventures, IPO CLUB, JVH VENTURES, Kearny Jackson, Lakestar, Linse Capital, Mac Equity, McNamara Investments, Octant Ventures, Scoop Ventures, Solari Capital, T2D3 Ventures, The Pay it Forward Company. Individuals: Peter Thiel.
Sources: prnewswire.com, pharmexec.com, spacenews.com and 4 more
$187M
$500M post-money
Series B 5 Apr 2024
Led by Caffeinated; with Lux Capital, General Catalyst, Founders Fund, Khosla Ventures.
Sources: luxcapital.com, prnewswire.com, spaceinsider.tech and 3 more
$90M
Series A 29 Jul 2021
Led by Caffeinated, Khosla Ventures; with Coughdrop Capital, Founders Fund, General Catalyst, Lux Capital, Side Door Ventures.
Sources: en.wikipedia.org, blog.varda.com
$2.3M
Seed 8 Dec 2020
Led by Founders Fund, Lux Capital; with Also Capital, Fifty Years, VU Venture Partners.
Sources: axios.com, techcrunch.com, giantstep.vc and 1 more
$9.0M
Varda Space Industries investors
34 investors have backed Varda Space Industries; Founders Fund, Lux Capital and Caffeinated and 3 more led at least one round.
- Founders Fund lead, 5 rounds
- Lux Capital lead, 5 rounds
- Caffeinated lead, 4 rounds
- Khosla Ventures lead, 4 rounds
- Shrug Capital lead
- General Catalyst 4 rounds
- Alumni Ventures
- Chestnut Street Ventures
- Coughdrop Capital
- Gaingels
- Hiddentao Ventures
- Lakestar
- Mac Equity
- McNamara Investments
- Octant Ventures
- Solari Capital
- T2D3 Ventures
What Varda Space Industries does
Varda Space Industries works in aerospace and defence, with 13 recorded offerings and customers in space exploration, life sciences and pharmaceuticals.
Varda Space Industries, Inc is an American aerospace company engaged in the design, development, and operation of microgravity-enabled life sciences infrastructure. The company specializes in orbital manufacturing and reentry platforms, including the development of free-flying orbital production satellites with reentry capability for microgravity research and pharmaceutical processing. Varda Space Industries also provides logistics and supply chain services for the delivery of materials from low Earth orbit to Earth. Its operations serve sectors such as government, biopharma, and microgravity research, and the company is involved in the commercialization of space technology.
Description from Veridion's company data.
Products and services
- Orbital Manufacturing Infrastructure Development
- In-Orbit Pharmaceutical Processing Services
- Microgravity Research Platform Operation
- Reentry Capsule Design and Manufacturing
- Space Material Reentry and Recovery
- Orbital Material Delivery Services
- Space-Based Material Production
- Fiber Optic Cable Manufacturing
- Reusable Rocket Utilization Services
- Space Technology Commercialization
- Life Sciences Research Support Services
- Pharmaceutical Development Support Services
- Space Logistics and Supply Chain Services
Markets
- Space Exploration
- Life Sciences
- Pharmaceuticals
Technology
- In-Orbit Pharmaceutical Processing
- Microgravity Research Platforms
- Atmospheric Reentry Vehicle for Orbital Materials Return
- Reusable Rocket Technology
Business model
- Business-to-Business
- Manufacturing
- Enterprise
Industry codes (NAICS)
- 336414 Guided Missile and Space Vehicle Manufacturing 70% match
- 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) 30% match
Questions about Varda Space Industries
What is Varda Space Industries worth?
Valuation $1.6B (range $1.4B to $2.4B), as of 24 Oct 2026. The last disclosed valuation was $1.60B (Series D, Sep 2026).
Has Varda Space Industries raised money?
Varda Space Industries has 5 funding rounds on record, from Dec 2020 to Sep 2026, $539M in total. The latest disclosed valuation is $1.60B post-money (Series D, Sep 2026).
Who has invested in Varda Space Industries?
Founders Fund, Lux Capital, Caffeinated, Khosla Ventures, Natural Capital and Shrug Capital, and 28 more. Lead investors include Founders Fund, Lux Capital, Caffeinated and Khosla Ventures.
How many people work at Varda Space Industries?
About 276, up 69% over the last year. Headcount grew from 45 in Mar 2022 to 276 in Sep 2026.
What does Varda Space Industries do?
Varda Space Industries works in aerospace and defence, with 13 recorded offerings and customers in space exploration, life sciences and pharmaceuticals. Its main offerings are orbital manufacturing infrastructure development, in-orbit pharmaceutical processing services and microgravity research platform operation.
When was Varda Space Industries founded, and where is it based?
Varda Space Industries was founded in 2021 and is based in El Segundo, United States. It has about 276 employees, up 69% over the last year.