Varda Space raises $250M Series D at $1.6B valuation

Varda Space Industries

Varda Space raised a $250 million Series D at a $1.6 billion valuation, according to an October 8 report. The round takes its total capital raised to $598 million.

• Round size $250 million, Series D, at a $1.6 billion valuation.
• Total capital raised is $598 million, including this round.
• Lead investors and the exact close date are not stated; a company post embedded in the report is dated September 30, 2026.