Stoke Space has locked in a $1.0B Series E, a hefty infusion that signals serious momentum for the reusable rocket builder. The round pulls in a broad syndicate, including Point72 Ventures, Spark Capital, General Innovation, Glade Brook Capital, US Innovation Technology, Washington Harbour Partners, Woven Capital, and Y Combinator.
The company鈥檚 pitch is straightforward: build fully reusable rockets, not just partially recoverable ones. That focus on speed and engineering ownership has clearly resonated with backers willing to write a nine-figure check. With this capital, Stoke has room to push its hardware forward, though specifics on the next milestones remain under wraps.
