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Y Combinator alum Stoke Space has just been promoted $260 million Series Cwhich brings its net worth to $480 million. This follows $100 million raised in October 2023, and $75 million in December 2021.
The company was founded in 2019 by Blue Origin veterans Andy Lapsa and Tom Feldman, who started his career as a SpaceX intern. Stoke hosted the Winter 2021 YC team.
The space launch aims to create the first reusable rocket, meaning a booster and a second stage. Last month, it shared a video of successful test of his first rocket engine. The funds will help build its new facility at the iconic Cape Canaveral Space Force Station in Florida.
Recent investors in the game include Breakthrough Energy Ventures, Glade Brook Capital Partners, Industrious Ventures, Point72 Ventures, Seven Seven Six, Y Combinator, and several others.
