Fundraising

Stoke Space

Stoke Space Raises $510M in Series D

2019
Founded
200+
Employees
Kent, WA
2 min read

Quick Facts

Stoke Space Raises $510M in Series D


Stoke Space has successfully raised $510M in a Series D at a $2B valuation led by US Innovative Technology Fund, Silicon Valley Bank.


Company Overview


Stoke Space is a Aerospace company headquartered in Kent, WA, founded in 2019 with 200+ employees.


Developing fully reusable Nova launch vehicles for space transportation


Fundraising Details


  • Amount Raised: $510M
  • Round Type: Series D
  • Valuation: $2B
  • Date: 2025-10-09
  • Investors: US Innovative Technology Fund, Silicon Valley Bank

About Stoke Space


Developing fully reusable Nova launch vehicles for space transportation The company is positioned in the Aerospace sector, serving a growing market with innovative solutions.


Key Information


  • Headquarters: Kent, WA
  • Founded: 2019
  • Team Size: 200+
  • Industry: Aerospace

What This Means


This funding round demonstrates strong investor confidence in Stoke 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. Stoke Space's successful fundraising reflects the strong fundamentals and growth potential in this space.


Valuation Milestone


Reaching a $2B valuation marks an important milestone for Stoke Space, positioning the company among notable players in the Aerospace industry.


Looking Ahead


With this new capital, Stoke 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 2025-10-09. For more information about Stoke Space, visit their headquarters at Kent, WA.

About the Author

Fundraising News Team
Fundraising News Team
Tracking the latest funding rounds and investment news