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Stoke Space has announced a $260 million Series C funding round, aimed at advancing its development of fully reusable rockets. The investment comes as the space technology sector builds on a successful fundraising year in 2024. Founded by Andy Lapsa and Rkt Da, Stoke Space is focused on creating low-cost access to space through its innovative rocket technology. The funding is expected to enhance the company's capabilities in delivering seamless mobility to and from space, with backing from prominent investors in the venture capital community.
Rocket mania in this morning's Payload newsletter: Me: Stoke's $260M Series C https://t.co/grc1B0aV2C @Douglas__Gorman: New Glenn launch https://t.co/HZn24wE4LS @TerezaPultarova: RFA UK launch license https://t.co/oOiih2VpIl https://t.co/G4P1YcSDEI
🚀 @stoke_space secures $260M in new funding to revolutionize fully reusable rockets! With backing from top investors, they're pushing the boundaries of space tech for a sustainable future. 🔗 Read more: https://t.co/DkpLkFYzPf
🚀🛰A giant leap for rocket technology: $260M boost fuels Stoke Space’s reusable rocket vision. https://t.co/sfkp085yzr #tech #spacetech #funding #news #VC #startup