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Stoke Space completes initial $1B Series E (total $2.3B raised) to fund Nova Pathfinder and Nova Block 2

Stoke Space Technologies completed an initial closing of a $1 billion Series E (bringing total raised to $2.3 billion) to accelerate development and testing of its fully reusable Nova Pathfinder rocket and scale toward a larger Nova Block 2, targeting a 2027 debut for Pathfinder. Reports vary on whether the $1B round is fully closed; Reuters values the company at about $10 billion.