Varda raises $90 million to fuel space manufacturing efforts
The Star Online - Tech·2024-04-06 08:00
(Reuters) - Varda Space Industries, a startup that is developing technology to produce drugs autonomously in space, said on Friday it has raised $90 million in a funding round led by venture capital firm Caffeinated Capital.
The California-based Varda's Series B funding round saw participation from science and technology investor Lux Capital, billionaire Peter Thiel's Founders Fund and Vinod Khosla's eponymous investment fund Khosla Ventures, among others.
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