About Varda Space Industries
Varda Space Industries is an Aerospace, Defense & Maritime company based in San Francisco (United States) founded in 2001 by Trae Stephens and Delian Asparouhov. Space technologies are developed and manufactured in orbit. Varda Space Industries has raised $329 million across 7 funding rounds from investors including Khosla Ventures, Lakestar and Entrepreneur. The company has 281 employees. Varda Space Industries was last valued at $1.6 billion in October 2026. Its chief executive, as recorded, is Will Bruey. Its website varda.com draws about 34 thousand monthly visits. Its focus areas include Aerospace, Maritime and Defense Tech, NewSpace, Support Engineering and In Space Manufacturing. Its legal entity is VARDA SPACE INDUSTRIES INC. Its competitors include Sierra Space, NanoRacks and True Anomaly; 3 of its 3 listed competitors have raised funding.
Company details
Varda Space Industries was founded in 2001 and is headquartered in San Francisco, United States. Operations focus on the space sector, with emphasis on in-orbit manufacturing and related technologies. Services include development of space-based production processes, supported by co-founders Trae Stephens, Will Bruey as CEO, and Delian Asparouhov. The company operates primarily in the aerospace industry, targeting advancements in microgravity applications.
- Total Equity Funding$329M (USD)
in 7 rounds
- Latest Funding Round$251M (USD), Series D
Sep 2026
- InvestorsKhosla Ventures
& 29 more
- Employee Count281
Apps and channels of Varda Space Industries
its YouTube channel Varda Space Industries has 5.25K subscribers and 11 videos.
Videos from Varda Space Industries
The most watched videos on Varda Space Industries's YouTube channel, Varda Space Industries (5.25K subscribers). Click a video to play it here.
More on Varda Space Industries.
Funding Insights of Varda Space Industries
Varda Space Industries has successfully raised a total of $329M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $251 million completed in September 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $329M
- Total Rounds 7
- Last Round Series D — $251M
- First Round $9M
(Dec 2020)
- Investors Count 30
All 7 funding rounds of Varda Space Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2026 | $251M | Series D | – | Lux Capital | |
| Jul 2026 | $302,500 | Seed | – | – | – |
| Aug 2025 | $436,667 | Seed | – | – | – |
| Jul 2025 | $187M | Series C | – | naturalcapital.com, Shrug Capital | |
| Apr 2024 | $90M | Series B | – | Caffeinated Capital | |
| Jul 2021 | $42M | Series A | – | Khosla Ventures, Caffeinated Capital | |
| Dec 2020 | $9M | Seed | – | Founders Fund, Lux Capital |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Varda Space Industries
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $1.6B (Oct 2026). 30 investors in total: 25 institutional and 5 angel.
Investors in Varda Space Industries
Varda Space Industries has secured backing from 30 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Khosla Ventures, Lakestar and Entrepreneur.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A venture firm based in San Francisco and New York, investments are made in technology companies. | caffeinatedcapital.com | San Francisco, United States | ||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | Cambridge, United States | ||
Venture capital investments in technology and defense sectors. | foundersfund.com | |||
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
Venture capital firm investing in multiple sectors | alsocapital.com | New York, United States | ||
Venture capital firm focused on multiple sectors | fiftyyears.com | San Francisco, United States | ||
Consumer funds are targeted by this venture capital firm. | shrug.vc | San Francisco, United States | ||
Industrial breakthroughs are supported through venture capital investments. | 8090industries.com | |||
Venture capital investments are made in deep tech innovations. | giantstep.vc |
Investor details for Varda Space Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Varda Space Industries
49 people are tracked at Varda Space Industries (17 in leadership, 2 in board & advisors, 30 in team); the tracked headcount is 281.
| Name | Role | Group |
|---|---|---|
Trae Stephens | Co-Founder | Leadership |
Will Bruey | CEO | Leadership |
Delian Asparouhov | Co-Founder | Leadership |
Richard Wissemann | Head of Hardware Development | Leadership |
Jonathan Luis | VP Of Mechanical Engineering | Leadership |
Nicholas Cialdella | Chief Technology Officer | Leadership |
Jon Barr | COO | Leadership |
Eric Lasker | Head of Business Development | Leadership |
Jordan Croom | VP Of Payloads | Leadership |
Brandi Sippel | VP Of Mission Management | Leadership |
Adam Shlensky | Head Of Supply Chain | Leadership |
Josh Martin | Vice President For Government Affairs | Leadership |
Jessie Grabowski | Director Of Software | Leadership |
Andrew McCalip | Head Of Research And Development | Leadership |
Anonymous | Chief Science Officer | Leadership |
Wendy Shimata | VP Of Autonomous Systems | Leadership |
James Eckstein | Head Of Propulsion | Leadership |
Josh Wolfe | Board Member | Board & advisors |
Stu S. | Investor | Board & advisors |
Jeffery Turman | Lead TPS Technician | Team |
29 more people are available in the full profile.
Complete people profiles for Varda Space Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Varda Space Industries
4 dated milestones of Varda Space Industries across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Varda Space Industries is founded.
- Funding First funding round of $9.0M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series D, of $251.0M.
Competitors of Varda Space Industries
Varda Space Industries has 3 listed competitors in our database, 3 of them funded. They include Sierra Space, NanoRacks and True Anomaly.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sierraspace.com | 2008 | Broomfield, United States | $1.74B | 1,023 | Engineering solutions are developed for space transportation, habitation, and applications. | |
| nanoracks.com | 2009 | Houston, United States | $2.6M | 55 | Space habitats are manufactured for microgravity research facilities. | |
| trueanomaly.space | 2022 | Denver, United States | $1.03B | 51 | Materials and products for space solutions are developed. |
Detailed competitors of Varda Space Industries
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Web traffic of Varda Space Industries
The website of Varda Space Industries (varda.com) receives about 34.3K visits a month and ranks #1,037,788 among all websites worldwide, #9,289 in Investing.
- Monthly visits34.3K
▲ 16.5% vs previous month
- Unique visitors14.2K
per month
- Global rank#1,037,788
among all websites
- Category rank#9,289
Finance · Investing
- Bounce rate51%
- Pages per visit1.6
- Average visit38 sec
- DevicesDesktop 62% · Mobile 38%
Top companies in Space Research & Technology
3 companies that operate in the same segment as Varda Space Industries (Space Research & Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 | |
Astra is engaged in providing space launch services. | 2016 | Alameda, California, United States | USD 136.93 M | |||
Reusable launch vehicles for large payloads are developed and launched. | 2002 | Hawthorne, California, United States | USD 11.86 B | USD 18.67 B | 20,833 |
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Related news about Varda Space Industries
Complete news archive for Varda Space Industries
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Frequently Asked Questions about Varda Space Industries
Varda Space Industries was founded in 2001 and raised its 1st funding round 19 years after it was founded.
Varda Space Industries is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Will Bruey is the CEO of Varda Space Industries, as recorded in our data.
Varda Space Industries is a funded company, having raised a total of $329M across 7 funding rounds to date. The company's 1st funding round was a Seed of $9M, raised on Dec 2020.
Varda Space Industries has 281 employees.
Varda Space Industries was founded in 2001 and is headquartered in San Francisco, United States. Operations focus on the space sector, with emphasis on in-orbit manufacturing and related technologies. Services include development of space-based production processes, supported by co-founders Trae Stephens, Will Bruey as CEO, and Delian Asparouhov. The company operates primarily in the aerospace industry, targeting advancements in microgravity applications.
Varda Space Industries's top competitors include Sierra Space, True Anomaly and NanoRacks.
Varda Space Industries has 30 investors. Key investors include Khosla Ventures, Lakestar, Entrepreneur, T2D3 Capital, and Caffeinated Capital.
The valuation of Varda Space Industries is $1.6B as of Oct 2026.
Varda Space Industries operates through Varda Space Industries Inc.