Calvin Biesecker
By Calvin
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.
Portal Space Systems Raises $17.5M Seed Round to Demonstrate Supernova Transorbital Spacecraft, Targets 2026 Launch
Portal Space Systems raised $17.5 million in an oversubscribed seed round to fund full-scale demonstration and production scaling of its Supernova transorbital spacecraft, which uses a 3D-printed solar-thermal Hex Thruster for rapid orbital transfers and flexible payloads.