# Varda Space Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/varda-space-industries

- Industry: Aerospace
- Headquarters: El Segundo, US
- Website: www.varda.com
- Total disclosed funding: $578M
- Latest round: Series D (Sep 30, 2026)
- Investors on record: 12

## About

Varda Space Industries, Inc. is a US-based company specializing in microgravity-enabled life sciences, focusing on material processing in space to enhance biopharmaceutical development.Founded in 2021 and headquartered in El Segundo, US, Varda Space Industries is dedicated to microgravity research and material processing.In September 2026, Varda Space Industries, Inc. raised USD 250 million in series D funding co-led by Lux Capital and Natural Capital, with participation from 8090 Industries, Giant Step Capital, Founders Fund, Khosla Ventures, Caffeinated Capital, General Catalyst Partners, and Also Capital. Delian Asparouhov, the founder, has experience in creating innovative solutions in the aerospace sector. Varda Space Industries specializes in microgravity-enabled life sciences, leveraging unique orbital conditions to process materials that exhibit distinct properties unattainable on Earth. The company offers tailored microgravity research services primarily aimed at enhancing the efficacy of biopharmaceuticals and advancing microgravity research. Their services cater to government entities and biopharma firms exploring novel morphologies and crystal structures for drug development. Varda's solutions target North America and select regions in Europe and Asia, addressing the challenges faced by researchers in exploiting microgravity for both commercial and scientific applications. Varda Space Industries generates revenue through structured partnerships with clients in government and biopharmaceutical sectors. The company provides tailored microgravity research services, conducting specific experiments in orbit with results delivered back to Earth. These services often involve subscription models for ongoing collaborations and project-based contracts. Varda’s key offerings center on its proprietary material processing capabilities, integral to its value proposition in life sciences, ensuring a steady revenue stream from innovative microgravity research and biopharmaceutical development. The company plans to utilize the September 2026 funding to expand microgravity pharmaceutical manufacturing.

## Funding rounds

- Series D, Sep 30, 2026, $250M — General Catalyst Partners, Founders Fund, Khosla Ventures, Lux Capital, Caffeinated Capital, 8090 Industries, Also Capital, Natural Capital, Giant Step Capital
- Series C, Jul 10, 2025, $187M — Founders Fund, Khosla Ventures, Lux Capital, Caffeinated Capital, Shrug Capital, Also Capital, NCD Management I
- Series B, Apr 4, 2024, $90M — General Catalyst Partners, Founders Fund, Khosla Ventures, Lux Capital, Caffeinated Capital
- Series A, Sep 3, 2021, $42M — General Catalyst Partners, Founders Fund, Khosla Ventures, Lux Capital, Caffeinated Capital
- Seed, Dec 23, 2020, $9M — Founders Fund, Lux Capital, Fifty Years, Also Capital

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed, Series A, Series B, Series C, Series D
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Seed, Series A, Series B, Series C, Series D
- Fifty Years (https://capitalatlas.ai/funds/fifty-years) — Seed
- Also Capital (https://capitalatlas.ai/funds/also-capital) — Seed, Series C, Series D
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A, Series B, Series D
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B, Series C, Series D
- Caffeinated Capital (https://capitalatlas.ai/funds/caffeinated-capital) — Series A, Series B, Series C, Series D
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Series C
- NCD Management I (https://capitalatlas.ai/funds/ncd-management-i) — Series C
- 8090 Industries (https://capitalatlas.ai/funds/8090-industries) — Series D
- Natural Capital — Series D
- Giant Step Capital (https://capitalatlas.ai/funds/giant-step-capital) — Series D