Varda Space Industries
Manufactures pharmaceuticals in microgravity aboard reentry-capable spacecraft.
Varda Space Industries builds spacecraft that manufacture pharmaceuticals in microgravity, then return them to Earth via reentry capsule. Founded in January 2021 by Will Bruey (CEO, ex-SpaceX) and Delian Asparouhov (Co-Founder/President, also a Founders Fund partner).
Overview
- Headquarters
- El Segundo, CA
- Founded
- 2021
- Employees
- Undisclosed
- Total funding
- $329M (Seed $9M 2020, Series A $42M 2021, Series B $90M 2024, Series C $187M 2025)
- Stage
- Series C
- Status
- active
- Domains
- In-space manufacturing, Reentry vehicles, Pharmaceuticals
- Website
- www.varda.com
Founders3
- FounderWill BrueyCo-Founder and CEO of Varda Space Industries; former SpaceX avionics engineer who flew Dragon on eight ISS missions.
- FounderDelian AsparouhovFounders Fund partner and co-founder/president of in-space manufacturing company Varda Space Industries.
- FounderTrae StephensCo-Founder & Executive Chairman of Anduril Industries; Founders Fund partner.
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
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Programs0
No linked records yet.
Frequently asked
- What does Varda Space Industries do?
- Varda Space Industries builds spacecraft that manufacture pharmaceuticals in microgravity, then return them to Earth via reentry capsule. Founded in January 2021 by Will Bruey (CEO, ex-SpaceX) and Delian Asparouhov (Co-Founder/President, also a Founders Fund partner).
- Where is Varda Space Industries headquartered?
- Varda Space Industries is headquartered in El Segundo, CA and was founded in 2021.
- How much funding has Varda Space Industries raised?
- Varda Space Industries has raised $329M (Seed $9M 2020, Series A $42M 2021, Series B $90M 2024, Series C $187M 2025) in disclosed funding.
- What does Varda Space Industries specialize in?
- Varda Space Industries works across In-space manufacturing, Reentry vehicles, Pharmaceuticals.
- Does Varda Space Industries hold government contracts?
- Defense Tech Atlas links Varda Space Industries to 1 government contract.
Sources & citations4
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Varda Space Industries raised $187M in Series C funding (led by Natural Capital and Shrug Capital), bringing total funding to $329M
Varda Space Industries: Varda Announces $187 Million in Series C Funding to Make Medicines in SpaceVerified2025-07-10 - 2
Varda Space Industries leased a 205,443-square-foot campus at 2031 E. Mariposa Ave, El Segundo, CA, extending its headquarters at 225 S Aviation Blvd
CBRE: CBRE Facilitates 205,443-Square-Foot Lease in El Segundo to Varda Space IndustriesVerified2026-08-09 - 3
Varda successfully executes W-5 mission reentry, debuting its next-generation vertically-integrated satellite bus and in-house C-PICA heatshield; primary payload customer was the US Navy, with AFRL collaboration on hypersonic flight testing
PR Newswire: Varda Space Industries Successfully Executes W-5 Mission ReentryVerified2026-01-29 - 4
NASA Space Act Agreement (Tipping Point) supports commercialization of Varda's in-house C-PICA heatshield
NASA: Varda Space Industries Funded Space Act AgreementVerified2026-08-16