Stoke Space
Facts
- HQ
- Kent, WA
- Sectors
- Defense and Space Manufacturing
- Founded
- 2019
- Employees
- 445
- Stage
- startup
- Total raised
- $1.1B SEC Form D filings Total of this company's SEC Form D filings
- Last round
- $275M · Feb 2026 SEC Form D
Carta: Seattle Ranked No. 6 in 2025 U.S. Cities for Startup Capital Raised with Nearly $2 Billion
Carta’s 2025 city rankings show Seattle remained sixth in the U.S. for startup capital raised with nearly $2 billion (2.9% of Carta-tracked funding), similar to its 2024 position. Major Seattle-area rounds included TerraPower ($650M), Stoke Space ($510M), Helion Energy ($425M), and others across software, AI, hardware, and fintech.
OpenAI CEO Sam Altman Explored Investing in Seattle’s Stoke Space for Orbital Data Centers to Challenge SpaceX in 2024
OpenAI CEO Sam Altman explored investing in Seattle startup Stoke Space to develop orbital data centers, aiming to compete with SpaceX and other tech giants in space-based AI data processing. Talks occurred in 2024 but are currently inactive, reflecting a growing tech interest in off-Earth data infrastructures.
Founders' Co-op raises $50M to back ~30 Pacific Northwest early-stage tech startups with up to $1.5M each
Seattle venture capital firm Founders' Co-op raised a $50 million fund to invest up to $1.5 million each in about 30 early-stage Pacific Northwest tech startups, with a focus on enterprise software. The firm aims to shore up local founders amid uneven regional investment compared with San Francisco while local startup funding showed volatility in 2025.
Seattle Startups Stoke Space, Group14, TerraPower, and Helion Raise Over $2 Billion in Venture Capital for Space, Fusion, and Battery Technologies
Seattle-area startups in space, fusion energy, and battery technology have attracted significant venture capital recently, with companies like Stoke Space Technologies, Group14 Technologies, TerraPower, and Helion Energy raising hundreds of millions. This shift marks a move from the region's traditional focus on software toward hardware-driven innovation.
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.
GeekWire 200 Q2 2025 Lists Top 10 Fast-Growing Pacific Northwest Startups in AI, Robotics, Energy, and More
The GeekWire 200 ranking highlights the fastest-growing private tech startups in the Pacific Northwest, emphasizing innovators in AI, robotics, energy, and more for Q2 2025. This quarterly list, sponsored by JPMorgan Chase, tracks regional tech development and emerging companies.
U.S. Space Force Adds Stoke Space and Rocket Lab to $5.6B National Security Launch Program
The U.S. Space Force has added Stoke Space and Rocket Lab USA as providers for its $5.6 billion national security launch program, awarding each a $5 million task order to assess their launch capabilities. Both companies, along with Blue Origin, SpaceX, and United Launch Alliance, can compete for launch contracts through mid-2029, using their respective rockets still in development.
GeekWire 200 Q1 2025: Highspot Leads as Helion Rises to No. 2 After $425M Funding; Truveta, Statsig, Protect AI Also Advance
The GeekWire 200 Q1 2025 update highlights rapidly growing Pacific Northwest tech startups, with Highspot retaining No. 1 and Helion rising to No. 2 after a $425 million funding round. Other notable movers include Truveta, Statsig, Protect AI, Carbon Robotics, and Stoke Space, reflecting dynamic shifts in the regional tech landscape.
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.
Stoke Space Hotfires 100,000-Pound Thrust Full-Flow Staged Combustion Rocket Engine on New Vertical Test Stand
Stoke Space successfully hotfired its first-stage full-flow staged combustion rocket engine on a new vertical test stand in Moses Lake, Washington, marking a significant milestone for the startup. The company, founded by former Blue Origin employees, aims to develop fully reusable rockets operating with aircraft-like frequency.
Highspot Takes No. 1 Spot on GeekWire 200 Startup Ranking After Outreach’s Layoffs and CEO Departure
Seattle-based sales enablement company Highspot has claimed the No. 1 spot on GeekWire's 200 ranking of privately held startups in the Pacific Northwest, replacing Outreach which recently downsized and saw its CEO step down. The GeekWire 200 ranking reflects changes in the dynamic startup landscape based on factors like funding, employee growth, and layoffs.
PitchBook: VC Rolling One-Year IRR Falls from 74.9% in Q2 2021 to -17% by Q4 2022; 2023 Fundraising Near Six-Year Low
PitchBook data show venture capital fund performance plunged from a 74.9% one-year IRR peak in Q2 2021 to -17% by Q4 2022, contributing to reduced distributions, negative net cash flow, and fundraising on track for a six-year low as of Sept. 14, 2023.
Bill Gates’ Breakthrough Energy Hosts 2022 Climate Tech Summit in Seattle Showcasing $2B+ in Decarbonization Investments
The 2022 Breakthrough Energy Summit in Seattle, hosted by Bill Gates’ Breakthrough Energy, brought together 700 climate tech innovators and investors to showcase and support technologies like plant-based dairy proteins and carbon-negative cement. Breakthrough Energy has raised over $2 billion to invest in decarbonization startups and provided an additional $1 billion in grants, aiming to accelerate climate solutions amid global challenges like war and economic recession.
Breakthrough Energy Ventures (Bill Gates) leads $65M funding for Stoke Space’s fully reusable-rocket program
Bill Gates’ Breakthrough Energy Ventures is leading a $65 million investment in Stoke Space to support development of fully reusable rockets aimed at cutting launch costs and enabling faster, lower-cost access to satellites for climate-monitoring applications.
STOKE Space raises $65M Series A to fund rapidly reusable rockets for sustainable, scalable space access
STOKE Space raised $65 million in a Series A funding round to develop rapidly reusable rockets aimed at making space access more sustainable and scalable.
Dance Church raises $4.7M seed to scale Dance Church Go subscription platform, led by MaC Ventures
Seattle-based Dance Church raised $4.7 million in seed funding to expand its Dance Church Go online subscription platform, which offers on-demand classes for $19/month or $199/year and a pay-as-you-go live option. The company, founded by Kate Wallich and recently hiring CEO Clara Siegel, plans to scale after growing to 144,000 online streamers with backing led by MaC Ventures and participation from several Pacific Northwest investors.
Stoke Space builds Moses Lake test site, completes full-scale second-stage demo and hot-fire 'three-pack' in six months
Stoke Space Technologies rapidly built a 2.3-acre liquid-hydrogen/liquid-oxygen test facility in Moses Lake, Washington, and completed a full-scale manufacturing demonstration and hot-fire tests of a second-stage engine ‘three-pack’ in six months. CEO Andy Lapsa says the two-year-old startup is pursuing full second-stage reusability to lower launch costs, taking a different technical approach than SpaceX and Blue Origin.
Five Seattle Startups Graduate from Y Combinator’s Remote Winter 2021 Batch; Demo Day Held March 23
Five Seattle-area startups graduated from Y Combinator’s remote winter 2021 accelerator, pitching ideas from structured note-taking and software containers to reusable rockets and hybrid workplace tools during YC’s virtual Demo Day on March 23. YC expanded reach with a record 350 companies, increased mentor office hours by 50%, and continues to attract investor funding despite remote format.
Stoke Space Technologies raises $9.1 million seed round to build reusable upper-stage rockets
Stoke Space Technologies, founded by former Blue Origin engineers in Renton, Wash., raised $9.1 million in seed funding to develop a reusable upper-stage rocket aimed at making full-stage reusability commonplace. CEO Andy Lapsa says extending reusability to upper stages is the next industry milestone and will better serve the commercial satellite market.
Blue Origin Alumni Launch Startups: Relativity Prepares Terran Launch as Co-founder Jordan Noone Steps Back; Stoke Space Wins $225K NSF Grant
Blue Origin, founded by Jeff Bezos 20 years ago, has spawned a wave of space startups led by its alumni, including Relativity Space and Stoke Space. Relativity is preparing a Terran rocket launch and undergoing leadership change as co-founder Jordan Noone steps back, while Stoke Space in Renton is developing reusable upper-stage propulsion with a $225,000 NSF SBIR grant.
People
See all 4-
Andy Lapsa Founder, Co-Founder, CEO, Executive Officer, Director
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Lapsa Founder, Co-founder and CEO
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Tom Feldman Founder, Co-Founder, Executive Officer, Director
