The Journal of Space Commerce

The Journal of Space Commerce

New Financing will Help Scale Nova Launch Vehicle Manufacturing

Series D Investments in Stoke Space Reach $510 Million

Tom Patton's avatar
Tom Patton
Oct 17, 2025
∙ Paid

Stoke Space has raised $510 Million in Series D funding, led by Tull’s US Innovative Technology Fund (USIT) in conjunction with a $100 million debt facility led by Silicon Valley Bank. This new financing, which more than doubles total capital raised by the company to $990 million, will accelerate product development and expansion.

“This funding gives us …

Keep reading with a 7-day free trial

Subscribe to The Journal of Space Commerce to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Ex Terra Media, LLC
Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture