Stoke Space Secures $260 Million Investment in Series C Funding
Deal News | Jan 16, 2025 | MaC Venture Capital
Stoke Space, a pioneering rocket company focused on creating the world's first 100% reusable medium-lift rocket, has successfully secured $260 million in Series C funding. This latest investment not only nearly doubles the company's total funding to $480 million but also underscores investor confidence in Stoke Space's innovative space travel solutions. Notable contributions from MaC Venture Capital, alongside other investors, are expected to support further growth and technological advancements. As part of this financial boost, Stoke Space aims to expand its operations and enhance the development of its environmentally sustainable rocket technology. The Series C funding marks a critical step for Stoke Space as it propels towards becoming a leader in the reusable rocket market.
Sectors
- Aerospace & Defense
- Venture Capital
Geography
- United States – Stoke Space and MaC Venture Capital are based in the United States, making it the primary geographical focus.
Industry
- Aerospace & Defense – Stoke Space is part of the Aerospace and Defense industry, focusing on developing reusable medium-lift rockets.
- Venture Capital – The involvement of MaC Venture Capital highlights the Venture Capital industry, which is providing significant funding to Stoke Space.
Financials
- $260 million – The amount raised by Stoke Space in its Series C funding round.
- $480 million – The total funding raised by Stoke Space after the Series C investment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stoke Space | Target | Company | Stoke Space is developing the world's first 100% reusable medium-lift rocket. |
| MaC Venture Capital | Investor | Company | MaC Venture Capital is a venture capital firm that has invested in Stoke Space's Series C funding round. |