Glade Brook Capital
Facts
- HQ
- Greenwich, Connecticut, US
- Sectors
- Investment Management
- Founded
- 2011
- Employees
- 33
Stoke Space raises $1B in Series E to expand launch and recovery infrastructure, plans Cape Canaveral orbital debut in 2027
Stoke Space completed an initial closing of a $1 billion Series E on Sept. 8, bringing its total capital to $2.3 billion and funding expansion of launch and recovery infrastructure for a planned first orbital launch from Cape Canaveral in 2027.
Stoke Space closes $1B Series E, total funding $2.3B; unveils 15-ton Nova Block 2 and readies Nova Pathfinder for early‑2027 launch
Stoke Space closed an initial $1 billion Series E round, taking total funding to $2.3 billion, as it prepares the Nova Pathfinder for a targeted early-2027 orbital launch. The company also unveiled the larger 15-ton Nova Block 2 vehicle, aiming for a 2029 first flight and rapid production ramp.
Stoke Space Technologies raises $1B in Series E, total funding reaches $2.3B to accelerate fully reusable launch plans
Stoke Space Technologies completed an initial closing of a billion-dollar Series E on Sept 8, 2026, bringing total capital raised to $2.3 billion to support its first orbital launch, expand production and launch capacity, and accelerate development of the Nova Block 2 reusable launcher.
Stoke Space raises $1B Series E to fund Nova Pathfinder launch in early 2027, co-led by Point72Ventures and Spark Capital
Stoke Space raised $1 billion in a Series E round co-led by Point72Ventures and Spark Capital to fund the first launch of its Nova Pathfinder rocket in early 2027 and continued development of a larger Nova Block 2. The company, based near Seattle, has now raised $2.3 billion total and plans Nova Block 2 to lift 15 metric tons to LEO with a first launch targeted for 2029.
Stoke Space Raises $1B Series E Tranche to Fund First Orbital Launch and Second-Generation Fully Reusable Rocket
Stoke Space Technologies raised the first tranche of a $1 billion Series E to scale manufacturing, prepare for its first orbital launch, and develop a second-generation fully reusable rocket. The round, led by Point72 Ventures and Spark Capital, brings Stoke’s total funding to $2.3 billion as it advances an active cooling system using supercooled liquid hydrogen for second-stage reentry.
Stoke Space raises $1bn Series E to scale production, fund fully reusable rockets and challenge SpaceX
Stoke Space Technologies raised $1 billion in a Series E round to expand production, increase launch cadence and develop a larger second-generation fully reusable rocket as it aims to compete with SpaceX; its first vehicle, the Nova Pathfinder, is slated for a maiden flight in early 2027. The round was led by Point72 Ventures and Spark Capital and included several investors, and Stoke has secured launch contracts and is producing multiple Pathfinders while testing at its Moses Lake facility.
Stoke Space announces $1B Series E initial close, total funding $2.3B while still pre-flight
Stoke Space raised a $1 billion Series E — bringing its total funding to $2.3 billion — despite not having flown an orbital mission yet; Point72 Ventures and Spark Capital co-led the round. The company says it has completed an initial closing of the round and plans to build a fully reusable Nova launch vehicle with first flight targeted for 2027.
Stoke Space raises roughly $1B in Series E to fund Nova rocket scale-up, Pathfinder launch targeted for early 2027
Stoke Space raised about $1 billion in a Series E round led by Point72 Ventures and Spark Capital to prepare for the first launch of its fully reusable Nova rocket and to scale up the vehicle and test facilities. The Seattle-area startup aims for a Pathfinder flight in early 2027 and plans a larger Nova Block 2 debut in 2029 as it expands capacity amid rising launch demand.
Stoke Space Technologies Raises $1 Billion to Fund Fully Reusable Nova Rocket Competing With SpaceX
Stoke Space Technologies is raising $1 billion to accelerate development and production of its fully reusable Nova rocket aimed at competing with SpaceX.
Austin startups raise $6.5B in H1 2026; July deals include EnergyX's $225M from Eni and TerraFirma's $100M Series A
Austin startups raised $6.5 billion in H1 2026, and in July notable deals included EnergyX securing $225 million from Eni and TerraFirma closing a $100 million Series A.
TerraFirma Raises $100M Series A Led by Kleiner Perkins to Automate Construction on Earth and Space
TerraFirma Inc., an Austin startup founded by former SpaceX engineers, raised $100 million in a Series A funding round led by Kleiner Perkins to develop semi-autonomous construction systems for Earth and future space projects, including the Moon and Mars. The company, headquartered in Buda, has attracted significant local and tech industry investor interest and has raised approximately $115 million since its 2023 founding.
Weekly Startup Funding Report: 24 Deals Raise $1.3B Ending 6/20/26 Highlighting KLIPY and Ergo
The Weekly Notable Startup Funding Report for the week ending 6/20/26 highlights over $1.3 billion raised across 24 startup deals, including significant rounds for companies like KLIPY ($3.8M) and Ergo ($2.8M). These startups operate in diverse sectors such as short-form media platforms and AI revenue infrastructure.
Stoke Space Raises $510M Series D and $100M Debt to Accelerate Reusable Nova Rocket Development
Stoke Space Technologies raised $510 million in a Series D funding round led by Thomas Tull's US Innovative Technology Fund, alongside a $100 million debt facility, to accelerate development of its fully reusable Nova rocket. The company aims to complete development and demonstrate the rocket's first flight by next year, targeting reusability of both rocket stages to reduce launch costs.
Stoke Space Raises $260M to Advance Fully Reusable Nova Rocket and Build Florida Launch Site
Stoke Space has raised $260 million in a Series C funding round to advance the development of its fully reusable Nova rocket and build a launch complex in Florida, bringing total funding to $480 million. The company recently completed a key test firing of its Zenith rocket engine and aims for a first orbital test flight of the Nova rocket this year.
