Spark Capital

Spark Capital is a venture capital firm with offices in Boston and San Francisco; Yasmin Razavi is a general partner who led Spark's...

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Venture Capital

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 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.

Flock Safety, backed by a16z and Tiger Global, rises to $8.3B valuation and $500M ARR while facing misuse and privacy allegations

Flock Safety, a security-tech company providing license-plate cameras, video, gunshot detection, drones and AI search to law enforcement and homeowners associations, has grown to operate in over 5,000 communities across 49 states and raised about $500 million at an $8.3 billion valuation while claiming $500M in ARR. The company now faces privacy and civil-liberties controversies after reports that officers misused camera data to stalk people and shared data across jurisdictions.

Lumilens raises $700M Series C at $5.51B valuation, cites FCC draft ban on Chinese optical transceivers as market lever

Lumilens raised over $700 million in Series C funding at a $5.51 billion valuation and claims to be shipping optical interconnect transceivers to a major hyperscaler under a multi‑billion, multi‑year agreement. The company's competitive edge relies less on technology than on a draft FCC rule that would ban new Chinese optical transceiver imports, aligning with its commitment to manufacture outside China.

K2 Space raises $500M Series D at $6.8B valuation to scale mega‑class satellites

K2 Space raised $500 million in a Series D at a $6.8 billion valuation to scale production of large, high‑power satellites, after launching its two‑ton Gravitas satellite in March. The round was led by Kleiner Perkins and ICONIQ and will support multiple government and commercial contracts, including work with SES, Anduril, and the U.S. Space Force.

New VC Players—Spark Capital, Gigafund and Greenoaks—Win Big Backing Long-Private AI Firms Including Anthropic

A new generation of venture-capital investors — including Spark Capital, Gigafund and Greenoaks — is reshaping Silicon Valley by backing long-duration private companies like Anthropic, investing patiently through multiple rounds and capturing outsized gains as IPOs from firms such as SpaceX and anticipated debuts from Anthropic and OpenAI transform the investing landscape.

Oratomic Raises $300M Series A Led by Khosla Ventures to Build Fault-Tolerant Quantum Computers with 20,000 Qubits

Quantum startup Oratomic raised $300 million in a Series A round led by Khosla Ventures, ARCH Venture Partners, and Spark Capital in July 2026 to develop fault-tolerant quantum computers using 10,000 to 20,000 qubits. The company aims to achieve commercially practical quantum computing before 2030 by expanding its hardware fabrication and research teams.

Outlander VC's Craig Couple Uses 38-Point Framework to Identify Unicorn Founders, Backing 18 Startups Including SpaceX and Gusto

VC couple Paige and Leura Craig of Outlander VC use a 38-point framework focusing on vision, intelligence, character, and execution to identify promising founders capable of building unicorns, based on traits like decisiveness and resilience. Their method has backed 18 unicorns, emphasizing founder qualities over traditional credentials.

Baseten Raises $1.5 Billion at $13 Billion Valuation Amidst Surge in AI Inference Infrastructure Demand

Baseten raised $1.5 billion in a Series F round, tripling its valuation to $13 billion in five months, driven by rapid revenue growth as the market focuses on AI inference infrastructure. The company provides critical software and computing capacity for running AI models, signaling a shift in investor interest from AI model access to the underlying infrastructure that ensures model reliability and cost efficiency.

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