Varda Space Industries

Varda Space Industries is a commercial space company founded in late 2020 and officially incorporated in January 2021. Headquartered in El Segundo, California, with additional offices in Los Angeles and Washington, D.C., Varda specializes in microgravity manufacturing to create high-value materials in orbit for applications on Earth. The company employs 147 people and aims to accelerate the orbital economy by developing infrastructure for in-space manufacturing and reliable reentry capsules. Varda's core technology includes the W-Series autonomous vehicles, which facilitate orbital processing and safe return to Earth. Key applications involve producing unique pharmaceuticals and advanced materials, leveraging microgravity for innovations in life sciences and manufacturing. The company partners with SpaceX and Rocket Lab for launch services and has secured significant contracts, including a $60 million agreement with the U.S. Air Force for reentry technology. Varda is positioned as a leader in commercial space factories, focusing on diverse leadership and collaboration with various research and military organizations.

Defense & Space El Segundo, United States Founded 2021 ~186 employees Private · Series D

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Employees
186
+10.1% in 3 months
Revenue / employee
$513K
Revenue ~$95.5M
Total funding
$650M
Last round Series D, Jan 2026
12-month attrition
20.7%
Tech: 28.3%
H1B sponsor
NA
Open jobs
133
Last 30 days

Org structure

Headcount by department

Engineering91
Other59
Operations17
HR9
Finance4
Marketing3
Sales2
Success1

Funding

  • Jan 2026 · Series D · $250M
  • Jul 2025 · Series C · $187M · Lux Capital, Shrug Capital, Founders Fund
  • Apr 2024 · Series B · $90M · Lux Capital, Founders Fund, Khosla Ventures
  • Mar 2023 · Venture · $30M · Commodity Capital
  • Mar 2022 · $490K · US Air Force
  • Jul 2021 · Series A · $42M · Khosla Ventures, Caffeinated Capital, Lux Capital
  • Jul 2021 · Series A · $42M · Lux Capital, Founders Fund, Khosla Ventures
  • Jan 2021 · Venture · Khosla Ventures
  • Dec 2020 · Seed · $9M · Lux Capital, Founders Fund, Justin Mateen

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Varda Space Industries FAQ

How many employees does Varda Space Industries have?

Varda Space Industries has about 186 employees, up 10.1% over the last 3 months (as of Apr 2026).

What is Varda Space Industries's revenue per employee?

Varda Space Industries makes about $513K in revenue per employee, based on $95.5M annual revenue and 186 employees.

How much funding has Varda Space Industries raised?

Varda Space Industries has raised $650.49M in total funding; its latest round was Series D in Jan 2026.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles. Updated 1 Apr 2026.