Varda, Series C
Space born, Earth bound
Highlights
Featured Investors
Founders Fund is a venture capital firm investing in smart people solving difficult problems. Its partners have founded and funded companies including PayPal, Palantir, SpaceX, Anduril, Flexport, Airbnb and Stripe.
“Varda is making the worlds first space factories, bringing high-value materials that can only be fabricated in microgravity, back down to earth.”
Founded in 2004 by Sun Microsystems co-founder Vinod Khosla, Khosla Ventures is a venture capital firm known for its bold investments in emerging technologies across multiple sectors, from health to energy to consumer tech.
khoslaventures.com“Varda is a space manufacturing startup that focuses on creating products in space for terrestrial applications. They aim to manufacture things in space that benefit from low gravity. The company intends to make an infrastructure that harvests source materials for new products in space via asteroid mining. The company's long-term visioninvolves leveraging these facilities to manufacture pharmaceuticals, fiber optics, and other materials with properties optimized by space conditions. Varda aims to contribute to the development of a sustainable space economy and advance humanity's presence and activities beyond Earth's atmosphere.”
Other investors include Notable, Notable, Notable, Notable, Notable, Notable & 91 more
Our Team
Pitch
The following information is highly confidential and must not be shared or disclosed.
This investment opportunity is private and for accredited investors only (506b). Investors will invest in a Wefunder-managed vehicle. Investors include Founders Fund, Khosla Ventures, Thiel Capital, Lux Capital, Caffeinated Capital, General Catalyst, and more.
Our allocation is around $1M, if interested in investing a larger size, we’ll be happy to check with the founders and see whether we can accommodate your investment. For any questions or additional information, please reach out to Mattia at mattia@wefunder.com.
Deck and Memo
Founded in 2020 by former SpaceX mission director Will Bruey and Founders Fund partner Delian Asparouhov, Varda was incubated at Founders Fund following a similar path as Anduril, $14B and Palantir, $140B.
Varda develops the technology & infrastructure to scalably manufacture materials in space and return them to Earth. Leveraging decades of research on microgravity and improvements in re-entry technologies, they have developed and successfully tested an orbital manufacturing spacecraft that can be used to produce unique pharmaceuticals and other ultra-high-value materials impossible to manufacture on Earth.
Varda memo and deep dive by Not Boring: go to report