# Varda Space Industries Raises $250 Million

> Varda Space Industries secures $251 million in Series D funding to accelerate space-based pharmaceutical production.
- Title: Varda Space Industries Raises $250 Million | Shortify
- Summary: Varda Space Industries secures $251 million in Series D funding to accelerate space-based pharmaceutical production. Varda Space Industries raised $251…
- Keywords: varda space industries, series d funding, pharmaceuticals, space manufacturing, lux capital, natural capital, khosla ventures, general catalyst, founders fund, caffeinated capital, business, local
- Source: Los Angeles Business Journal — https://labusinessjournal.com/manufacturing/varda-raises-250-million-in-series-d
- Author: Keerthi Vedantam
- Published: 2026-10-12T19:46:09+00:00
- Read time: 1 min
- Topics: varda space industries, series d funding, pharmaceuticals, space manufacturing, lux capital, natural capital, khosla ventures, general catalyst, founders fund, caffeinated capital, business, local
## Varda Space Industries
Varda Space Industries, a pharmaceutical company using antigravity in space, announced Sept. 30 it raised $251 million in Series D funding.
## Funding Details
The round was led by Lux Capital and Natural Capital with additional participation from Khosla Ventures, General Catalyst, Founders Fund, and Caffeinated Capital.
## Funding Use
Varda will use the funds to accelerate its W-Series spacecraft operations, completing over a dozen launches by end of 2028.
## Key takeaway

Varda Space Industries raised $251 million in Series D funding to scale its space-based pharmaceutical manufacturing.