Stoke Space, a Seattle, WA-based company building a reusable medium-lift rocket, raised $260M in Funding.
The round was led by Breakthrough Energy Ventures, Glade Brook Capital Partners, Industrious Ventures, Leitmotif, Point72 Ventures, Seven Seven Six, the University of Michigan, Woven Capital, and Y Combinator, among others.
The company intends to use the funds to complete construction at the Launch Complex 14 at Cape Canaveral Space Force Station in Florida, which has been allocated by the United States Space Force for dedicated use by Stokeâs Nova launch vehicle.
Led by CEO Andy Lapsa, Stoke Space provides transports to, through, and from space. It develops a reusable Nova rocket and other space vehicles designed to operate with aircraft-like frequency.
Stokeâs technology development has been funded by the United States Space Force, DIU, NASA, the National Science Foundation, and other government and private partners.
FinSMEs
17/01/2025