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Relativity Space Raises $140 Million In Series C Round

1 Oct 2019, 18:00 UTC
Relativity Space Raises $140 Million In Series C Round
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LOS ANGELES (Relativity Space PR) — Relativity Space​, the company building the world’s first autonomous rocket factory and launch services for satellites, today announced that it has closed a $140 million Series C funding round led by Bond and Tribe Capital.

With this $140 million funding round, Relativity is fully funded to become the first company in the world to launch an entirely 3D printed rocket to orbit and enter commercial service in early 2021. The Series C round includes participation by new investors Lee Fixel, Michael Ovitz, Spencer Rascoff, Republic Labs, and Jared Leto, with participation from current investors Playground Global, Y Combinator, Social Capital, and Mark Cuban.

“Relativity was founded with the long term vision of 3D printing the first rocket made on Mars and expanding the possibilities for human experience in our lifetime. With the close of our Series C funding, we are now one step closer to that vision by being fully funded to launch Terran 1 to orbit as the world’s first entirely 3D printed rocket,” said Tim Ellis, Cofounder and CEO of Relativity Space. “Bond and Tribe are unrivaled partners in leading this funding round, and we are excited to build this important future ...

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