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.
Investors5
- FundFounders FundMulti-stage VC known for early bets on SpaceX, Palantir, and Anduril.
- FundLux CapitalScience and tech VC with deep defense portfolio, early Anduril backer.
- FundCaffeinated CapitalSeed-stage VC focused on technical founders in defense, AI, and infrastructure.
- FundKhosla VenturesMulti-stage VC founded by Vinod Khosla, active in defense and deep tech.
- FundGeneral CatalystGlobal VC with dedicated defense and national security practice.
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
Raised per round
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
Also CapitalReinvested | Series C Preferred | ~12.5% |
Lux CapitalReinvested | Series C Preferred | ~12.5% |
Caffeinated CapitalReinvested | Series C Preferred | ~12.5% |
Khosla VenturesReinvested | Series C Preferred | ~12.5% |
Peter ThielNew | Series C Preferred | ~12.5% |
Founders FundReinvested | Series C Preferred | ~12.5% |
Shrug CapitalNew | Series C Preferred | ~12.5% |
Natural CapitalNew | Series C Preferred | ~12.5% |
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 & citations10
10 sources behind every claim
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