Firefly Aerospace Raises $75M Series A, Hits $1B+ Unicorn Valuation
Austin has gained another tech unicorn — this time, in the space industry. On Tuesday, Firefly Aerospace announced it raised $75 million through a Series A round and closed a $100 million secondary transaction. The two deals mean that the Cedar Park-based aerospace company, which develops small and medium-sized launch vehicles, spacecraft and in-space services, is now valued at more than $1 billion. The Series A round was led by DADA Holdings. Canon Ball LLC, Astera Institute, SMS Capital Investment LLC, Raven One Ventures, Reuben Brothers Limited, the XBTO Ventures and other investors als...
Source: builtinaustin.com