Company intelligence

Stoke Space

As of September 8, 2026, Stoke Space was last valued at $10B (September 2026 Series E) and has raised at least $1B in equity across 1 sourced funding round.

Reusable-rocket startup building Nova, designed so both the booster and upper stage land and refly (full reusability SpaceX hasn't yet demonstrated on Starship); valued at $10B after a $1B Series E in September 2026, roughly 18 months before its first orbital launch.

SpaceKent, USAFounded 2019Website ↗See connections →Compare with Hadrian
Last verified Sep 8, 2026

Stoke Space at a glance

As of
Latest valuation
$10B[1]
Series E · September 2026
Equity raised
$1B[2]
Across 1 sourced roundDerived
Total funding (reported)
$2.3B[3]
September 2026
Lead investors
Point72 Ventures, Spark Capital[4]
Series E · September 2026
Founded
2019[5]
Headquarters
Kent, USA[6]
  1. [1] Latest valuation: TechCrunch, September 8, 2026
  2. [2] Equity raised: Sum of the 1 sourced equity round in the funding history below (debt, tender offers and rumored rounds excluded), September 8, 2026
  3. [3] Total funding (reported): TechCrunch, September 8, 2026
  4. [4] Lead investors: TechCrunch, September 8, 2026
  5. [5] Founded: Wikidata (retrieved September 16, 2026)
  6. [6] Headquarters: Wikidata (retrieved September 16, 2026)
Ranked on: #4 Top Defense & Space Startups 2026 · #21 Largest Series C+ Rounds of 2026 (Ranked) · #48 Most Valuable Private Companies 2026 · Get your badge →

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Company Snapshot

Stoke Space is a Space company, based in Kent, USA, founded 2019.

Recent changes

  1. Sep 8, 2026Raised $1B Series E at a $10B valuation TechCrunch
  2. Sep 8, 2026First reported valuation: $10B TechCrunch
  3. Sep 8, 2026First reported total funding: $2.3B TechCrunch
  4. Sep 8, 2026New investor: General Innovation TechCrunch
  5. Sep 8, 2026New investor: Spark Capital TechCrunch
Earlier changes (12)
  1. Sep 8, 2026New investor: Washington Harbour Partners TechCrunch
  2. Sep 8, 2026New investor: Woven Capital TechCrunch
  3. Sep 8, 2026New investor: Glade Brook Capital TechCrunch
  4. Sep 8, 2026New investor: Y Combinator TechCrunch
  5. Sep 8, 2026New investor: Point72 Ventures TechCrunch
  6. Sep 8, 2026Stoke Space Raises $1B to Out-Reuse SpaceX Pulse story
  7. Feb 10, 2026Raised $860M Series D at a $3.42B valuation Value Add Pulse enrichment
  8. Feb 6, 2026Raised $275M SEC EDGAR Form D
  9. Jan 2025Raised $260M Series C at a <$1B valuation Value Add Pulse enrichment
  10. Oct 2023Raised $100M Series B Value Add Pulse enrichment
  11. Dec 2021Raised $65M Series A Value Add Pulse enrichment
  12. Feb 2021Raised $9.1M Seed Value Add Pulse enrichment

Funding history

7 equity events · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
Sep 8, 2026Series E$1B$10Bpost-money
Point72 VenturesSpark Capital
WithGeneral InnovationGlade Brook CapitalWashington Harbour PartnersWoven CapitalY CombinatorUS Innovation Technology
TechCrunch
Feb 10, 2026Series Dnot counted: no linked source$860M$3.42Bpost-money
—
Value Add Pulse research
Feb 6, 2026Funding roundnot counted$275M—
—
SEC EDGAR Form D
Jan 2025Series Cnot counted: no linked source$260M<$1Bpost-money
—
Value Add Pulse research
Oct 2023Series Bnot counted: no linked source$100M—
—
Value Add Pulse research
Dec 2021Series Anot counted: no linked source$65M—
—
Value Add Pulse research
Feb 2021Seednot counted: no linked source$9.1M—
—
Value Add Pulse research

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

Funding timeline · 7 rounds · $2.6B tracked
$0.0M$560M$1.1B$9.1MSeedFeb 21$65MSeries ADec 21$100MSeries BOct 23$260MSeries CJan 25$275MRoundFeb 26$860MSeries DFeb 26$1.0BSeries ESep 26

Investors

Point72 VenturesSpark CapitalGeneral InnovationGlade Brook CapitalWashington Harbour PartnersWoven CapitalY CombinatorBreakthrough Energy VenturesFlorida FundersIndustrious VenturesLiquid 2 VenturesMaC Venture CapitalNFXScribble VenturesUS Innovative Technology (Thomas Tull)Winklevoss Capital

Latest Pulse

  1. MVP Ventures In Talks To Raise $100M Opportunities FundMVP Ventures, an early investor in Anduril, is reportedly in talks to raise a $100 million opportunities fund to increase its stakes in its best-performing portfolio companies, according to Newcomer.→
  2. Flow Engineering Raises $50M Series B At $750MFlow Engineering raised a $50 million Series B at a $750 million valuation to build agentic AI tools for hardware design, led by Valor Equity Partners and Atreides Management.→
  3. Flow Engineering Hits $750M ValuationFlow Engineering raised a $50 million Series B at a $750 million valuation, co-led by Valor Equity Partners and Atreides Management, to speed up hardware design iteration with AI agents.→
  4. Venture's Quiet Return To $400M+ Mega-RoundsSix financings of $1 billion or more have closed in the past 30 days alone, per Pulse's own funding tracker -- a concentration of mega-checks that rivals 2021's zero-rate peak, just with real revenue attached this time.→
  5. Impulse Space Adds $308M, Valuation Jumps To $5.4BImpulse Space closed a $308 million Series D extension at a $5.4 billion valuation, growing its Series D to $808 million total as demand for in-space transportation outpaces the company's launch manifest.→
  6. Rocket Lab Fully Funds Its $8B Iridium BuyoutRocket Lab completed a $1.944 billion public share sale, fully funding its pending $8 billion acquisition of satellite operator Iridium and canceling the $3.6 billion bridge facility it had lined up as a backstop.→
  7. Nine US Rounds, $8.7B, Ten Days: September's Real PaceValue Add Pulse totaled the nine largest US venture rounds of September 5-11 and found $8.7 billion committed, with three deals at $1 billion or more.→
  8. This Week Showed AI Funding's Two Speeds at OnceStoke Space and Mistral raised a combined $4.2 billion this week while Sapien and NavigateAI, two real vertical-AI companies with paying customers, raised a combined fraction of that -- the same split Pulse has tracked in AI money all year.→
  9. Hardware Is Getting Software's Round Sizes NowStoke Space's $1 billion round joins Castelion's $1.05 billion and Atoms' $1.7 billion as capital-intensive physical-hardware startups now command the round sizes and speed that used to be reserved for software.→
  10. Stoke Space Raises $1B to Out-Reuse SpaceXStoke Space closed a $1 billion Series E led by Point72 Ventures and Spark Capital, pushing total funding to $2.3 billion as it builds a rocket designed so both stages fly back and refly.→
All 13 stories →

Coverage Timeline

newest first
  1. Sep 8, 2026FUNDINGThis Week Showed AI Funding's Two Speeds at Once→
  2. Sep 8, 2026FUNDINGHardware Is Getting Software's Round Sizes Now→
  3. Sep 8, 2026FUNDINGStoke Space Raises $1B to Out-Reuse SpaceX$1B Series E→

All Coverage

FUNDING

This Week Showed AI Funding's Two Speeds at Once

Illustration for: This Week Showed AI Funding's Two Speeds at Once
FUNDING

This Week Showed AI Funding's Two Speeds at Once

Stoke Space and Mistral raised a combined $4.2 billion this week while Sapien and NavigateAI, two real vertical-AI companies with paying customers, raised a combined fraction of that -- the same split Pulse has tracked in AI money all year.

BY THE NUMBERS
FUNDING

Hardware Is Getting Software's Round Sizes Now

Illustration for: Hardware Is Getting Software's Round Sizes Now
FUNDING

Hardware Is Getting Software's Round Sizes Now

Stoke Space's $1 billion round joins Castelion's $1.05 billion and Atoms' $1.7 billion as capital-intensive physical-hardware startups now command the round sizes and speed that used to be reserved for software.

DEEP DIVE
FUNDING

Stoke Space Raises $1B to Out-Reuse SpaceX

Illustration for: Stoke Space Raises $1B to Out-Reuse SpaceX
FUNDING$1B Series E

Stoke Space Raises $1B to Out-Reuse SpaceX

Stoke Space closed a $1 billion Series E led by Point72 Ventures and Spark Capital, pushing total funding to $2.3 billion as it builds a rocket designed so both stages fly back and refly.

DEEP DIVE

Value Add Research

Related Companies

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Stoke Space FAQ

What is Stoke Space's valuation?

Stoke Space was last valued at $10B in its September 2026 Series E, according to TechCrunch (September 8, 2026).

How much has Stoke Space raised?

Stoke Space has raised at least $1B in equity across 1 sourced funding round tracked by Value Add VC. The most recent was a $1B Series E in September 2026 at a $10B post-money valuation, reported by TechCrunch. Debt financing, tender offers and secondary sales are not counted. TechCrunch puts total funding at $2.3B (September 2026).

Who invested in Stoke Space?

Lead investors in Stoke Space's sourced funding rounds include Point72 Ventures and Spark Capital. Per round: its September 2026 Series E was led by Point72 Ventures and Spark Capital.

When was Stoke Space founded and where is it based?

Stoke Space was founded in 2019 and is headquartered in Kent, USA, according to Wikidata.

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data ·