The Journal of Space Commerce

The Journal of Space Commerce

Series D Round Nets $510 Million for Stoke Space

Company Will Scale Manufacturing of Fully Reusable Nova Launch Vehicle

Tom Patton's avatar
Tom Patton
Oct 15, 2025
∙ Paid
Nova Rocket CGI

Stoke Space recently announced that it has raised $510 million in a Series D funding round. The round was led by Thomas Tull’s US Innovative Technology Fund (USIT) in conjunction with a $100 million debt facility led by Silicon Valley Bank. Stoke’s new financing, which more than doubles its total capital raised to $990 million, will accel…

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