Sierra Space Raises $290 Million at Over $5 Billion Valuation

Sierra Space is an aerospace company that creates spaceflight hardware for various applications across the industry. Sierra Space is devoted to pushing the boundaries of human space travel, making it accessible to not just astronauts, but also ordinary citizens. Beyond space tourism and transportation, Sierra Space is actively involved in driving scientific exploration and research. By providing specialized platforms and services, Sierra Space aids in advancing crucial scientific endeavors such as microgravity research, remote sensing, and Earth observation.

Sierra Space raised $290 million in a Series B funding round, which has brought the company’s valuation to $5.3 billion. The equity raise of $290 million was led by Japanese investors MUFG, Kanematsu, and Tokio Marine, with significant participation from prior investors and insiders.

Sierra Space, Louisville, Colorado, United States, was founded in 2021 by Eren Ozmen and Fatih Ozmen. “Sierra Space is excited to create a long-term strategic relationship with our Japanese investors and industry partners,” CEO Tom Vice said in a statement.

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