Varda Space Industries Raises $250 Million at a $1.6 Billion Valuation

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Varda hd a $250M Series D raise, bringing the total amount of capital raised to $598 million with a $1.6Billion valuation. Varda is a microgravity-enabled life sciences company that processes materials in orbit and returns them to Earth.

This funding will help them build more vehicles, grow pharmaceutical partnerships, and advance toward the first medicine manufactured in space for patients on Earth.

Today, we’re announcing Varda’s $250M Series D raise, bringing the total amount of capital raised to $598 million with a $1.6B valuation.

This funding will help us build more vehicles, grow pharmaceutical partnerships, and advance toward the first medicine manufactured in space for patients on Earth.

— Varda Space Industries (@VardaSpace) September 30, 2026

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