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VARDA SPACE INDUSTRIES
Varda Space Industries
Aerospace/Space Manufacturing · El Segundo, California · United States · Founded · 2021 · ≈ · 140 · employees

Varda Space Industries Company Profile

Private

Founded in 2021, Varda Space Industries operates in aerospace/space manufacturing. The latest valuation stands at $1B. Its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Varda Space Industries at a glance
Last valuation
$1B
POST-MONEY
Raised across rounds
$579M
5 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
SPCX—
SPCX-PERP · live
Valuation history

Varda Space Industries valuation history

2 valuations. The latest, $1B post-money, was set by the Series C/Later in Jan 2025.

$1B
Apr 2024
$500M
Series B · post-money
Jan 2025
$1BLATEST
Series C/Later · post-money
+100% vs prior valuation
Latest valuation
$1Bpost-money
Set by the Series C/Later · 1 Jan 2025
×2.0since the $500M Series B in Apr 2024
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Series C/Later · $187M raised
Funding history

Varda Space Industries funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Initial Funding
Dec 2020
$9M
—
—
—
Series A
Jul 2021
$42M
—
—
—
Series B
Apr 2024
$90M
$500M
—
—
Series C/Later
Jan 2025
$187M
$1B
—
+100.0%
Series D
Feb 2026
$251M
—
—
—
Varda Space Industries · investors

Investors

Founders FundVvarious
Will Varda Space Industries IPO?
Founded
2021
Dec 2020
Initial Funding
Feb 2026
Series D
IPO
Not announced
No filing has been made.
Varda Space Industries — the private market
Last valuation$1B · post-money
Total raised$579M
Lead investors
Founders Fundvarious
IPO statusNot announced
Founded · HQ2021 · El Segundo, California · United States
Employees≈ 140
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Varda Space Industries

Varda Space Industries designs, builds, and flies its own W-Series spacecraft, using microgravity to grow pharmaceutical crystals that are hard to produce under Earth's gravity, then returns them in a reentry capsule. Its W-1 capsule grew crystals of the antiretroviral drug ritonavir and became the first commercial spacecraft to land on a US military test range.

Will Bruey, a former SpaceX engineer, and Founders Fund partner Delian Asparouhov founded Varda in January 2021. It operates out of El Segundo, California and Washington, DC, and became a unicorn in 2025.

The money screen · ranked by accessibility

How to get Varda Space Industries exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Varda Space Industries.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Varda Space Industries availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Varda Space Industries included.

No account needed

Varda Space Industries stock — frequently asked questions

Is Varda Space Industries publicly traded?›

No. Varda Space Industries is a private company; its shares do not trade on a public exchange.

What is Varda Space Industries's valuation?›

The last valuation is $1B.

Who has invested in Varda Space Industries?›

Lead investors for each round are in the funding timeline.

Who are Varda Space Industries's competitors?›

The closest aerospace/space manufacturing peers are on the competitors page.

How can I get exposure to Varda Space Industries?›

The routes section explains what is realistically available for a company at this stage.

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