Varda Space Industries
Varda Space Industries is an In-Space Infrastructure & Servicing company founded in 2020 and based in El Segundo, United States. It has raised $579M in total funding, most recently a Series D in 2026 at a $1.6B valuation.
Founded in 2020, El Segundo-based Varda Space Industries operates autonomous capsules that process pharmaceuticals and materials in microgravity then reenter Earth's atmosphere and land on demand. It completed its first successful capsule reentry in February 2024 and has flown multiple missions since, carrying both commercial drug-crystallization experiments and Air Force Research Laboratory hypersonic-reentry payloads. Varda raised a $187M Series C in July 2025, bringing total funding to roughly $329 million, and is scaling toward a recurring cadence of orbital manufacturing and return flights.
Varda is the first commercial operator of in-space manufacturing-and-return, opening orbit as a factory floor and on-demand reentry as a service.
At a glance
Total raised
$579M
Headcount
201-500
Headquarters
El Segundo
United StatesFounded
2020
Status
Private
Latest valuation
Where Varda Space Industries ranks
Top 25 Space Tech companies →Funding history
Total raised
$579M
Rounds tracked
2
Latest stage
Series D
Latest valuation
$1.6B
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Sep 30, 2026 | Series D | $251M | $1.6B | Lux Capital, Natural Capital |
| Jul 10, 2025 | Series C | $187M | — |
