Varda Space raising new tranche of funding at $500M post-money valuation
Varda Space Industries, the in-space manufacturing startup that wants to revolutionize the production of pharmaceuticals, semiconductors, and more, is in the process of raising $25 million in new capital that would put its valuation at around $500 million after investment, according to documents viewed by TechCrunch. The fundraising comes at a crucial time for Varda, which is preparing to send…