Point72 Ventures
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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 raises $1B Series E at ~$10B valuation to fast-track larger reusable Nova Pathfinder (2027) and Block 2 (2029)
Stoke Space raised $1 billion in a Series E round led by Point72 Ventures and Spark Capital, valuing the company at about $10 billion to accelerate development of larger reusable rockets. The funding will speed work on the Nova Pathfinder (targeted 2027) and Block 2 (targeted 2029) as an alternative to SpaceX for satellite launches.
Stoke Space raises $1B Series E at $10B valuation to fund Nova Pathfinder and larger Nova Block 2
Stoke Space raised $1 billion in a Series E led by Point72 Ventures and Spark Capital at a roughly $10 billion valuation to accelerate development of its Nova Pathfinder reusable rocket and a larger Nova Block 2. Pathfinder is slated to debut in 2027; Block 2, using 14 Zenith engines and able to carry up to 15 metric tons reusable (23 expendable), aims for a first flight in 2029.
Stoke Space raises $1 billion Series E to fund Nova Block 2 and prep early‑2027 launches; total funding $2.3B
Kent-based reusable rocket startup Stoke Space raised $1 billion in a Series E round led by investors including Point72 Ventures and Spark Capital, bringing its total funding to $2.3 billion as it readies launches and develops its Nova Block 2 rocket for early 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 raises $1B in Series E, reaching ~$10B valuation to fund reusable Nova rockets
Stoke Space, a Kent, Washington startup founded by former Blue Origin engineers, raised $1 billion in a Series E that values the company at about $10 billion to accelerate its reusable Nova Pathfinder rocket and fund a larger Nova Block 2 slated for 2029.
Chris Morales announces Point72 Ventures co-led Series E as Stoke Space prepares Nova reusable medium‑lift rocket for first launch
Point72 Ventures co-led Stoke Space’s Series E after the company scaled from ~20 people in 2021 to ~400 today, building four facilities including a Cape Canaveral launch site. Stoke is testing Nova, a 100% rapidly reusable medium-lift rocket aimed at flexible "any orbit, any time" access amid growing commercial and national security space demand.
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 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.
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 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.
Hearvana AI Raises $6M Oversubscribed Pre-seed Led by Point72 Ventures and SCB 10X
Hearvana AI, a Seattle startup building auditory intelligence to improve sound perception for humans and machines, raised $6 million in an oversubscribed pre-seed round led by Point72 Ventures and SCB 10X. The company will expand engineering and go-to-market teams and launch commercial pilots with consumer electronics and AI partners.
OpenAI and Jony Ive’s LoveFrom to Launch $300–$400 Doughnut-Shaped, Screenless Speaker in 2027
OpenAI is developing a battery-powered, screenless doughnut-shaped smart speaker designed with Jony Ive’s LoveFrom, priced at $300–$400 and targeted for a 2027 launch. The device will run an enhanced ChatGPT Voice Mode, include cameras and sensors to perceive rooms, have moving parts for a companion-like personality, and follows OpenAI’s $6.5 billion acquisition of Ive’s io Products and team on July 9, 2025.
Former Salesforce/Tableau EVP Teri Hatfield named CRO at Iterable; Gates Foundation lawyer Ken Miller joins Arnold & Porter; AIM and Gravitics add C-suite hires
Teri Hatfield left Salesforce/Tableau to become chief revenue officer at Iterable; Gates Foundation legal director Ken Miller joined Arnold & Porter as partner; and Seattle startups AIM and Gravitics appointed new C‑suite executives including AIM's CMO Ben Reed.
El Segundo Nuclear Startup Raises $1 Billion
An El Segundo-based nuclear startup has raised $1 billion.
Antares raises $470M to accelerate deployment of nuclear reactors on U.S. military bases
Three-year-old startup Antares raised $470 million to advance its plan to deploy a nuclear reactor on U.S. military bases, aiming to meet or beat the government's timeline for on-base reactor operations.
Antares raises $470M Series C ( $370M equity, $100M debt) to deploy TRISO-fueled microreactors to U.S. military by 2028
Antares raised $470 million in Series C funding ( $370M equity, $100M debt) led by Paradigm and Caffeinated Capital to accelerate deployment of factory-built TRISO-fueled microreactors for defense and space, targeting initial U.S. military installations by 2028 after achieving Mark-0 criticality at Idaho National Laboratory.
Nscale opens 24,000-ft² Bellevue U.S. engineering HQ, backing expansion after $2B raise and $900M credit line
London-based data center startup Nscale, fresh off a $2 billion fundraising and a $900 million credit line, is opening a 24,000-square-foot U.S. engineering headquarters in Bellevue, Washington, slated for January 2027 and able to house up to 250 employees. The company hired former Microsoft VP Nidhi Chappell as president of AI infrastructure to lead global engineering and data center operations as it expands amid demand for AI computing infrastructure.
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.
AI2 Incubator Rebrands as AI House and Hires Former Point72 Partner Sri Chandrasekar as Managing Director
AI House, formerly AI2 Incubator, has appointed Sri Chandrasekar, a former Point72 partner, as managing director and implemented a residency requirement for founders at its Seattle headquarters.
Endurance Energy Raises $54M Series A to Advance Deep-Ocean Geothermal Infrastructure
Endurance Energy, a Seattle developer of deep-ocean geothermal energy harvesting infrastructure, raised $54 million in a Series A funding round.
Seattle's Endurance Energy Raises $54M to Develop Deep-Sea Geothermal Power, Targets Grid Delivery in Two Years
Seattle startup Endurance Energy, led by former SpaceX engineer Andrew Redd, raised $54 million to develop deep-sea geothermal power technology and plans to deliver electricity to the grid within two years. The company aims to produce gigawatt-scale energy by deploying its 100-kilowatt generator 'Adelie' to the Juan de Fuca ridge this fall.
Starfish Space Raises $110M Series B to Fund Satellite Servicing Missions and Scale Operations
Starfish Space raised $110 million in a Series B funding round led by Point72 Ventures to support its first satellite servicing missions and scale operations. Founded by Blue Origin veterans, the company developed the Otter vehicle for on-orbit satellite servicing and has conducted technology demonstrations and tests.
