Varda Space Industries

San Francisco, United States Founded: 2001 • Age: 25 yrs
Space technologies are developed and manufactured in orbit.

About Varda Space Industries

Varda Space Industries is a company based in San Francisco (United States) founded in 2001 by Trae Stephens, Will Bruey, and Delian Asparouhov.. Varda Space Industries has raised $328 million across 4 funding rounds from investors including Khosla Ventures, Caffeinated Capital and Lux Capital. Varda Space Industries operates in a competitive market with competitors including Dhruva Space, Sierra Space, NanoRacks, Space Forge and Manastu Space, among others.

  • Headquarter San Francisco, United States
  • Founders Trae Stephens, Will Bruey, Delian Asparouhov
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Varda Space Industries Inc
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $328 M (USD)

    in 4 rounds

  • Latest Funding Round
    $187 M (USD), Series C

    Jul 10, 2025

  • Investors
  • Employee Count
    Employee Count
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People of Varda Space Industries
Headcount 10-50
Employee Profiles 54
Board Members and Advisors 3
Employee Profiles
People
Richard Wissemann
Head of Hardware Development
People
Jonathan Luis
VP Of Mechanical Engineering
People
Jeffery Turman
Lead TPS Technician
People
Jj Mase
Software Engineer

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Funding Insights of Varda Space Industries

Varda Space Industries has successfully raised a total of $328M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $187 million completed in July 2025. 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
  • Total Rounds 4
  • Last Round Series C — $187.0M
  • First Round

    (08 Dec 2020)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2025 Amount Series C - Varda Space Industries Valuation unknown , Shrug Capital
Apr, 2024 Amount Series B - Varda Space Industries Valuation Caffeinated Capital
Jul, 2021 Amount Series A - Varda Space Industries Valuation Khosla Ventures , Caffeinated Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Varda Space Industries

Varda Space Industries has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Khosla Ventures, Caffeinated Capital and Lux Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
A venture firm based in San Francisco and New York, investments are made in technology companies.
Founded Year Domain Location
Seed and early-stage technology companies are funded by Lux Capital.
Founded Year Domain Location
Investment and transformation services for entrepreneurs in technology and finance sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Varda Space Industries

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Varda Space Industries

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Varda Space Industries Comparisons

Employees
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Competitors of Varda Space Industries

Varda Space Industries operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dhruva Space, Sierra Space, NanoRacks, Space Forge and Manastu Space, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of full stack space engineering solutions
domain founded_year HQ Location
Engineering solutions are developed for space transportation, habitation, and applications.
domain founded_year HQ Location
Space habitats are manufactured for microgravity research facilities.
domain founded_year HQ Location
Space-based manufacturing is leveraged to produce products enhancing Earth life.
domain founded_year HQ Location
Green propulsion systems for satellites are manufactured using hydrogen peroxide.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Varda Space Industries

Frequently Asked Questions about Varda Space Industries

When was Varda Space Industries founded?

Varda Space Industries was founded in 2001 and raised its 1st funding round 19 years after it was founded.

Where is Varda Space Industries located?

Varda Space Industries is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Varda Space Industries?

Will Bruey is the current CEO of Varda Space Industries. They have also founded this company.

Is Varda Space Industries a funded company?

Varda Space Industries is a funded company, having raised a total of $328M across 4 funding rounds to date. The company's 1st funding round was a Series A of $42M, raised on Dec 08, 2020.

What does Varda Space Industries do?

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.

Who are the top competitors of Varda Space Industries?

Varda Space Industries's top competitors include Dhruva Space, Manastu Space and Sierra Space.

Who are Varda Space Industries's investors?

Varda Space Industries has 13 investors. Key investors include Khosla Ventures, Caffeinated Capital, Lux Capital, General Catalyst, and Founders Fund.

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