Stoke Space raises $100M Series B as it looks to reach orbit by 2025

Stoke Space raises $100M Series B as it looks to reach orbit by 2025 Main Photo

6 Oct 2023


News

Stoke Space is flying high. Fresh on the heels of a successful test of its reusable second stage, the four-year-old startup announced today that it closed $100 million in new funding led by Industrious Ventures.

This newest round of funding included participation from the University of Michigan, Sparta Group, Long Journey and other investors. Existing investors Breakthrough Energy, Y Combinator, Point72 Ventures, NFX, MaC Ventures, Toyota Ventures and In-Q-Tel also participated. Stoke has now raised $175 million to date, including a $65 million Series A the company closed in December 2021.

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