About Varda Space
Varda Space Industries enables manufacturing in low Earth orbit (LEO) by utilizing the unique conditions of microgravity. The company creates specialized reentry capsules to safely return products, such as advanced materials and pharmaceuticals, back to Earth. Varda differentiates itself by providing the necessary infrastructure and services for in-space production, capitalizing on reduced costs of accessing space through reusable rockets. The goal is to expand economic opportunities by industrializing LEO and making it accessible to various industries.
El Segundo, CaliforniaHeadquarters
2020Year Founded
$166.8MTotal Funding
EARLY_VCCompany Stage
Aerospace, BiotechnologyIndustries
51-200Employees
Benefits
Exciting team of professionals at the top of their field to working by your side
Working in El Segundo, CA - an awesome Southern California beach city with quick access to entertainment and outdoor activities
Equity in a fully funded space startup that is about to go through massive growth
Company parties and generally a fun atmosphere
401(k)
Unlimited PTO
Health insurance
Lunch and snacks provided on site. Dinners twice a week for those working late.
Parental leave
Risks
Emerging competition from In Orbit Aerospace in space manufacturing logistics.
Mars Society's initiatives may introduce new competitors in space manufacturing.
Regulatory challenges may impact Varda's reentry capsule operations at Koonibba Test Range.
Differentiation
Varda focuses on manufacturing in microgravity, offering unique product properties.
The company aims to leverage asteroid mining for sustainable space manufacturing.
Varda's reentry capsules ensure safe return of space-manufactured products to Earth.
Upsides
Varda raised $90M to advance in-space pharmaceutical manufacturing infrastructure.
Partnerships with Rocket Lab enhance Varda's manufacturing and reentry capabilities.
Growing interest in space-based manufacturing indicates potential market expansion for Varda.
Funding
Total raised$166.81 M
Latest valuation$450.00 M
StageEARLY_VC
GRANT
2/28/2022N/A
SERIES A
6/30/2021$42
$210.00 MSEED
11/30/2020$9
$45.00 M