Firefly Aerospace Closes Oversubscribed $175 Million Series D Capital Raise with New Lead Investor

CEDAR PARK, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Firefly Aerospace, the leader in end-to-end responsive space services, today announced it closed an oversubscribed $175 million Series D round at a valuation of more than $2 billion. The Series D round was led by new investor, RPM Ventures, a venture capital firm that has been investing in revolutionary, category-defining companies for more than two decades. In addition to RPM Ventures, the round included existing investors as well as multiple new investors, including GiantLeap Capital and Human Element.

"Few companies can say they've defined a new category in their industry, Firefly is one of those," said Marc Weiser from RPM Ventures. "They have captured their niche in the market as a full service provider for responsive space missions and have become the pinnacle of what a modern space and defense technology company looks like."

Firefly's core business focuses on providing customers with best-in-class responsive space services across its launch, lunar, and on-orbit programs. This capability was proven during the VICTUS NOX mission where the Firefly team met the ...