Stoke Space raises $1B before orbit to build a 15-ton Nova
The Series E, co-led by Point72 Ventures and Spark Capital, is intended to fund Pathfinder's 2027 orbital flight and a 15-ton successor targeted for 2029.
By RuntimeWire Staff · Published
Primary source: TechCrunch
Why it matters
Stoke's backers are financing a factory, launch site and second rocket before its first orbital flight. The $1B round turns full reuse from an engineering thesis into a capital-intensive execution test.
Andy Lapsa and Tom Feldman have raised an initial $1 billion Series E for Stoke Space, giving the former Blue Origin propulsion engineers fresh capital to attempt Nova Pathfinder's first orbital flight and begin work on a vehicle designed to carry five times as much payload. The financing, announced by Stoke and reported by TechCrunch on September 8th, was co-led by Point72 Ventures and Spark…
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