General InformationVarda Space Industries is an orbital manufacturing company based in California that develops microgravity production platforms, with 51-200 employees and founded in 2021.
Funding & FinancialsVarda has raised approximately $60-80 million across multiple rounds including Series A and Series B, with notable investors including Lowercarbon Capital, Radical Ventures, and others focused on deep tech and space innovation.
Leadership & TeamFounded by Delian Asparouhov (CEO) and Web Sumner (CTO), both with backgrounds in space technology and venture capital; the team includes aerospace engineers and scientists focused on orbital operations.
Recent ActivityMost recently, Varda conducted orbital manufacturing demonstrations and successfully executed in-space production missions, advancing toward commercial viability of space-based pharmaceutical and materials manufacturing.