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Relativity Space

Relativity Space

Relativity Space is a company that develops the process of building and flying rockets.

Relativity Space is a company that develops the process of building and flying rockets. It is headquartered in Inglewood, California and was founded in 2016 by Jordan Noone and Tim Ellis. The company automates manufacturing processes for the aerospace industry that is related to robotics, software, and 3D printing technologies. The company claims their rockets have 100 times fewer parts, and have a 10 times faster production time.

Funding
Seed

On March 22, 2016 Relativity Space announced raising $620,000 in seed funding from Y Combinator and Mark Cuban.

Series A

On July 18, 2016 Relativity Space announced raising $10.1 million in series A funding from Social Capital (lead investor), Y Combinator, Mark Cuban, and David Spector.

Series B

On March 27, 2018 Relativity Space announced raising $35 million in series B funding from Playground Global (lead investor), Y Combinator, Social Capital, Mark Cuban, and Louis Beryl. The company plans on using their series B funding to growth in the satellite constellation market and increase the number of partnerships it has.

Series C

On 1, 2019 Relativity Space announced raising $140 million in series C funding from Tribe Capital (lead investor), Bond (lead investor), Y Combinator, Wavemaker Partners, Tribe Capital, Social Capital, Republic Labs, Playground Global, Zander Lurie, Tom Staggs, spencer Rascoff, and Phil Deutch. The company claims their series C funding will give them enough capital for them to fund the launch of their first rocket in 2021.

Timeline

November 2020
Relativity Space raises a $500,000,000 series D round from 3L Capital, Allen & Company, Baillie Gifford, Bond, David Hodge, Elad Gil, Fidelity, General Catalyst, Global K5 Limited, ICONIQ Capital, Jared Leto, Lee Fixel, Mark Cuban, Playground Global, Republic Labs, Senator Investment Group, Spencer Rascoff, Tiger Global Management, Tribe Capital and Two Culture Capital.
October 2019
Relativity Space raises a $140,000,000 series C round from Bond and Tribe Capital.
March 2018
Relativity Space raises a $35,000,000 series B round from Mark Cuban, Playground Global, Social Capital and Y Combinator.
July 18, 2016
Relativity Space raises a $10,100,000 series A round from David Spector, Mark Cuban, Social Capital and Y Combinator.
March 22, 2016
Relativity Space raises a $620,000 seed round from Mark Cuban and Y Combinator.

Funding rounds

People

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Further reading

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Documentaries, videos and podcasts

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News

Title
Author
Date
Publisher
Description
Aria Alamalhodaei
August 20, 2021
TechCrunch
3D rocket printing company Relativity Space has pushed back the date of the demonstration launch of its lightweight Terran 1 rocket from winter 2021 to early 2022. The company announced the updated schedule on Twitter, while also confirming that the launch will take place out of Cape Canaveral in Florida. A few updates on #Terran1: [...]
Eric Berger
August 20, 2021
Ars Technica
"This requirement is in alignment with our U.S. government customer."
Eric Berger
July 2, 2021
Ars Technica
"I am not allowed to talk about that."
Alan Boyle
July 1, 2021
news.yahoo.com
The billionaire space race is on: Virgin Galactic founder Richard Branson is on the crew for the next test flight of the company's SpaceShipTwo rocket plane,...
Alan Boyle
June 30, 2021
news.yahoo.com
SpaceX's Falcon 9 rocket sent dozens of satellites into orbit today with a launch that featured an unusual on-the-ground touchdown for its first-stage...
Eric Berger
June 30, 2021
Ars Technica
"It can fit the USC Coliseum inside of it."
Aria Alamalhodaei
June 30, 2021
TechCrunch
Fresh off the heels of a $650 million Series E funding round, 3D printed rocket startup Relativity Space is now preparing to increase production capacity by a factor of ten, with the opening of a 1 million square-foot factory headquarters in Long Beach, California. Relativity's current factory, a 150,000 square-foot facility also in Long Beach, [...]
Eric Berger
June 16, 2021
Ars Technica
The small rockets are not cheap, but they are effective.
Alan Boyle
June 8, 2021
news.yahoo.com
Would Virgin Galactic founder Richard Branson try to steal a march on Blue Origin (and Amazon) founder Jeff Bezos when it comes down to which billionaire...
Eric Berger
June 8, 2021
Ars Technica
"We're trying to ice skate to where the puck is going."
Aria Alamalhodaei
June 8, 2021
TechCrunch
3D-printed rocket startup Relativity Space has raised a $650 million Series E, bringing its total raised to over $1.2 billion. Relativity's post-money valuation now stands at $4.2 billion, a source familiar with the matter told TechCrunch. The round was led by Fidelity Management & Research Company, with participation from new investors with funds and accounts [...]
Eric Berger
March 24, 2021
Ars Technica
"We're 75 percent of the way through printing the rocket's first stage."
Darrell Etherington
March 15, 2021
TechCrunch
Relativity Space already has a significant volume of launch contracts on the books - more pre-sales for its Terran 1 rocket than any other launch vehicle in history, in fact, according to CEO and co-founder Tim Ellis. But its latest customer is a key one: The U.S. Department of Defense, which has contracted Relativity Space [...]
Eric Berger
March 5, 2021
Ars Technica
"The level of detail that we get is remarkable, how good the forecast is."
Darrell Etherington
February 26, 2021
TechCrunch
3D-printed rocket company Relativity Space has just revealed what comes after Terran 1, the small launch vehicle it hopes to begin flying later this year. It's next rocket will be Terran R, a much larger orbital rocket with around 20x the cargo capacity of Terran 1, that will also be distinguished from its smaller, disposable [...]
Darrell Etherington
December 17, 2020
TechCrunch
Relativity Space CEO Tim Ellis, Astra CEO Chris Kemp, and VOX Space (Virgin Orbit's national security-focused subsidiary) President Mandy Vaughn all joined us at TC Sessions: Space to jointly discuss their varied approaches to the small spacecraft launch market. Each has a very different type of space launch system, but each is targeting roughly the [...]
Anthony Ha
November 23, 2020
TechCrunch
Snapchat introduces a TikTok-style feed, Amazon Echo Buds add fitness tracking and Vettery acquires Hired. This is your Daily Crunch for November 23, 2020. The big story: Snapchat adds Spotlight Snapchat has introduced a dedicated feed where users can watch short, entertaining videos -- pretty similar to TikTok. This comes after the app also added [...]
FinSMEs
November 23, 2020
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Darrell Etherington
November 23, 2020
TechCrunch
3D-printed rocket startup Relativity Space has closed $500 million in Series D funding (making official the earlier reported raise), the company announced today. This funding was led by Tiger Global Management, and included participation by a host of new investors including Fidelity Management & Research Company, Baillie Gifford, Iconiq Capital, General Catalist and more. This [...]
Devin Coldewey
November 17, 2020
TechCrunch
Rocket printer Relativity Space is raising a $500 million D round, valuing the launch provider at $2.3 billion, as reported by CNBC and confirmed to TechCrunch by sources familiar with the matter. That's not bad for company that has yet to take its first payload to orbit. Relativity aims to reduce the cost and increase [...]
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