Skip to content
COLD START / catalog / c/vardaretrieved 2026-07-27T20:15 UTC · 15 sources read

Varda Space Industries

Varda builds spacecraft that manufacture pharmaceuticals in microgravity and return them to Earth for drug formulation.

varda.com · El Segundo

CALL NO.CS·VARDA·26
StageSeries CJuly 2025 · led by Natural Capital[1][7][9]
Raised$329Mdisclosed rounds[1][7][9]
Headcount204sources disagree, see below[6][7][8]
Valuationnot publicly disclosedno source in ledger
Founded2021[2][6][7]
Money

Raised $329M across disclosed rounds.[1][7][9]

Series C closed July 2025, led by Natural Capital.[1][7][9]

post-money valuation is not publicly disclosed.

Named investors include Founders Fund, Lux Capital, Khosla Ventures, Caffeinated Capital, General Catalyst, Natural Capital, Shrug Capital, Peter Thiel, Also Capital.[1][2][7][9]

People

Will Bruey, Co-Founder & CEO[2][4][6]

Delian Asparouhov, Co-Founder & President[2][4][6]

Adrian Radocea, Chief Science Officer[6][9]

Nicholas Cialdella, Chief Technology Officer[6][9]

Chithra Perumal, CFO VP[6][9]

Michael Reilly, Chief Strategy Officer[6][9]

Headcount: sources disagree
204as of Jun 2026

Varda Space Industries · Jul 2026[6]

Varda Space Industries - 2026 Company Profile, Team, Funding & Competitors - Tracxn · Jul 2026[7]

Varda Space Industries 2026 Company Profile: Valuation, Funding & Investors | PitchBook · Jul 2026[8]

Signals
Jul 10 2025fundingVarda Announces $187 million in Series C Funding to Make Medicines in Space[9][1]
Feb 28 2025launchVarda Space Industries Makes History with the First Successful Commercial Space Reentry in Australia[5]
Apr 5 2024fundingVarda Space's orbital drug factory success fuels $90M in new funding[4]
Comps

Space Forge · spaceforge.com · Same buyer category: companies needing materials processed in microgravity for terrestrial products. Both Varda and Space Forge operate orbital manufacturing platforms with reentry return capability.[7]

Reditus Space · reditusspace.com · Same job to be done: providing access to microgravity for R&D and manufacturing with return to Earth. Named together in competitive market maps.[7]

Space Tango · spacetango.com · Same buyer and workflow: pharmaceutical and materials companies running automated experiments in microgravity. Both compete for the same pharma R&D budget line.[7]

Next question

Ask the company for a current headcount and the date it was counted.

Not a recommendation. The first thing this ledger cannot answer.

Investor Lens
Why care
The case
What to learn next
Pay attention to
How it wins

Filled in the side panel for invited readers. This card carries sourced facts only.

Sourcestracings · 15

Jul 2026 · spacenews.com

reported

Jul 2026 · finsmes.com

reported

Jul 2026 · varda.com

company

Jul 2026 · linkedin.com

vendor

Jul 2026 · linkedin.com

vendor

Jul 2026 · linkedin.com

vendor

Jul 2026 · linkedin.com

vendor

Jul 2026 · linkedin.com

vendor

Jul 2026 · linkedin.com

vendor

Varda Space Industries

CALL NO.CS·VARDA·26

Varda builds spacecraft that manufacture pharmaceuticals in microgravity and return them to Earth for drug formulation.

varda.com · El Segundo

StageSeries C
Raised$329M
Headcount204
Valuationnot publicly disclosed
Founded2021
CompsSpace Forge +2

Ask the company for a current headcount and the date it was counted.

Not a recommendation. The first thing this ledger cannot answer.