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Venture Capital News: Relativity Space Closes $500M Series D Round

2020-11-24
LOS ANGELES, CA, Relativity Space, the first company to 3D print an entire rocket and build the largest metal 3D printers in the world, has closed a $500 million Series D equity funding round.
The round was led by Tiger Global Management with participation from new investors Fidelity Management & Research Company LLC, Baillie Gifford, ICONIQ Capital, General Catalyst, XN, Senator Investment Group, and Elad Gil. Existing investors participating in the round include BOND, Tribe Capital, K5 Global, 3L, Playground Global, Mark Cuban, Spencer Rascoff, and Allen & Company LLC, among others. The Series D equity funding validates Relativity's sector-leading momentum across commercial execution, technical milestones, and talent growth. The funding will enable Relativity to accelerate its planned initiatives, including its factory of the future, launch vehicle development, and 3D printing technologies as it builds toward humanity's multiplanetary future.

Relativity is building humanity's multiplanetary future. We invented a new approach to design, build, and fly our own rockets, starting with Terran 1 - the world's first entirely 3D printed rocket.

As a vertically integrated technology platform, Relativity is at the forefront of an inevitable shift toward software-defined manufacturing. By fusing 3D printing, artificial intelligence, and autonomous robotics, we are pioneering the factory of the future. Disrupting 60 years of aerospace, Relativity offers a radically simplified supply chain, building a rocket with 100x fewer parts in less than 60 days.
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