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Stoke has "completed the initial closing" of a $1B Series E round intended to help it reach orbit and prepare a new, larger rocket for operations.
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Stoke is positioning Nova to fill the shoes of SpaceX’s Falcon 9 rocket, which is on the road to retirement.

Stoke Space Technologies, which is nearing the first flight of a fully reusable launch vehicle, has raised $1 billion to work on…

The Kent, Washington company plans a first orbital launch in early 2027 and is targeting 2029 for its larger Nova Block 2 vehicle

With the new investments, Stoke has raised nearly $1 billion.

Stoke Space's $1bn Series E takes it to $2.3bn raised, with no orbital flight yet. Point72 Ventures and Spark Capital co-led the…

VC firm 137 Ventures has raised over $700 million to back growth-stage startups. Its portfolio includes SpaceX, Anduril, Hadrian.