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More funding flows into Pipe, as buzzy fintech raises $250M at a $2B valuation At the end of March, TechCrunch reported that buzzy startup Pipe — which aims to be the “Nasdaq for revenue” — had raised $150 million in a round of funding that values the fintech at $2 billion. Well, that deal has closed and in the end, Miami-based Pipe confirms that it has actually raised $250 million at a $2 billion valuation in a round that was “massively oversubscribed,” according to co-founder and co-CEO Harry Hurst. “We had originally allocated $150 million for the round, but capped it at $250...

Washington state-based launch company, Stoke Space Technologies, has raised $9.1 million in seed investments to develop a completely reusable rocket that the company claims will offer launch services 20 times cheaper than offerings today. The round was co-led by NFX and Y Combinator, Liquid2, Trevor Blackwell, Kyle Vogt, Charlie Songhurst, and others. SpaceX is able to land and reuse the first stage of its Falcon 9 rocket, and Rocket Lab is working toward this as well, but Stoke aims to have a reusable second stage, which it says will break the “production-limited paradigm” and enabl...

Stoke Space aims to take reusable rockets to new heights with $9M seed Many launch providers think reusability is the best way to lower the cost and delay involved in getting to space. SpaceX and Rocket Lab have shown reusable first stages, which take a payload to the edge of space — and now Stoke Space Technologies says it is making a reusable second stage, which will take that payload to orbit and beyond, and has raised a $9.1 million seed round to realize it. Designing a first stage that can return to Earth safely is no small task, but the fact that it only reaches a certain height and ...