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Y Combinator alum Stoke Space just raiseda $ 260 million Series C , bringing its amount elevate to $ 480 million . This follow $ 100 million raised in October 2023 , and $ 75 million in December 2021 .

The company was founded in 2019 by Blue Origin veterans Andy Lapsa and Tom Feldman , who launched his vocation as a SpaceX intern . Stoke attend the Winter 2021 YC cohort .

The infinite startup has an challenging destination to progress the first amply reclaimable rocket , mean both the plugger and 2nd leg . Last month , it shared video ofa successful testof its first - stage rocket railway locomotive . The cash will help it build its new facilities at Florida ’s historical Cape Canaveral Space Force Station .

Investors in this latest round include Breakthrough Energy Ventures , Glade Brook Capital Partners , Industrious Ventures , Point72 Ventures , Seven Seven Six , Y Combinator , and several others .

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