With a cold call to Mark Cuban, Relativity raised an initial $500k seed round.
Through 2017 an additional $9.5M was raised in the A round.
March 27th, 2018 closed $35M B round.
October 1st, 2019 closed a $140M C round.
As of November 23rd, 2020 they have closed a 500M D round of funding led by Tiger Global Management with participation from new investors Fidelity Management & Research Company LLC, Baillie Gifford, ICONIQ Capital, General Catalyst, XN, Senator Investment Group, and Elad Gil. Existing investors participating in the round include BOND, Tribe Capital, K5 Global, 3L, Playground Global, Mark Cuban, Spencer Rascoff, and Allen & Company LLC, among others.Relativity space is a 5 year old startup that just closed a $500 million dollar D round of funding. We are going to take a look at their 3D printed rocket engines and hear from CEO Tim Ellis along with critical employees Karin Kuo, David Lemier, Ryan Quinn, and Drew Hess.
3D printing offers a familiar yet unique set of benefits in engine manufacturing. Most notably interior features can be highly customized in comparison to the limited capabilities of CNC. Intricate AI generated interior structures can even reduce the weight of the engine which increase fuel efficiency.
Relativity Space has been scaling up quickly and now aims to produce 1 engine per week. They have come a long way still pursuing their initial vision. I suspect it will not be long before shares of Relativity hit the public markets.
@RelativitySpace
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