Relativity Space Raises $650M in Series E
Relativity Space has successfully raised $650M in a Series E at a $4.2B valuation led by Fidelity, Baillie Gifford, BlackRock, Coatue, K5 Global, Tiger Global, General Catalyst, Tribe Capital, Jared Isaacman.
Company Overview
Relativity Space is a Aerospace company headquartered in 100 West Imperial Avenue, El Segundo, CA 90245, founded in 2015 with 1200+ employees.
3D printed rocket manufacturer
Fundraising Details
- Amount Raised: $650M
- Round Type: Series E
- Valuation: $4.2B
- Date: 2024-02-03
- Investors: Fidelity, Baillie Gifford, BlackRock, Coatue, K5 Global, Tiger Global, General Catalyst, Tribe Capital, Jared Isaacman
About Relativity Space
3D printed rocket manufacturer The company is positioned in the Aerospace sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 100 West Imperial Avenue, El Segundo, CA 90245
- Founded: 2015
- Team Size: 1200+
- Industry: Aerospace
What This Means
This funding round demonstrates strong investor confidence in Relativity Space's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Aerospace sector continues to attract significant investment as companies innovate to meet evolving market demands. Relativity Space's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $4.2B valuation marks an important milestone for Relativity Space, positioning the company among notable players in the Aerospace industry.
Looking Ahead
With this new capital, Relativity Space is well-positioned to execute on its growth strategy and continue building innovative solutions in the Aerospace space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
---
This fundraising news was reported on 2024-02-03. For more information about Relativity Space, visit their headquarters at 100 West Imperial Avenue, El Segundo, CA 90245.
