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 ~263 employees Private · Series D

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Employees
263
+12.4% in the 3 months to Sep 2026
Revenue / employee
$363K
Revenue ~$95.5M
Total funding
$650M
Last round Series D, Jan 2026
12-month attrition
25.1%
Tech: 32%
H1B sponsor
NA
Open jobs
116
Last 30 days

Headcount trend

Varda Space Industries went from 108 employees in Oct 2024 to 263 in Sep 2026. Apr to Sep 2026: 89 people joined, 29 left.

Org structure

Headcount by department

Engineering122
Other81
Operations28
HR12
Finance8
Sales5
Marketing3
Design3

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 263 employees, up 12.4% over the 3 months to Sep 2026.

What is Varda Space Industries's revenue per employee?

Varda Space Industries makes about $363K in revenue per employee, based on $95.5M annual revenue and 263 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.