Impulse Space Expands Series D to 808 Million

Impulse Space has raised 308 million dollars in an extension of its Series D funding round, bringing the total to 808 million dollars. The new capital values the startup at 5.4 billion dollars and will support accelerated hiring and manufacturing.

An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham

Impulse Space raised $308 million in a Series D funding extension on Wednesday, bringing the round's total to $808 million and valuing the startup at $5.4 billion. The fundraising follows a $500 million tranche announced in June that valued the company at $4.26 billion. The capital injection comes as commercial and government demand for spacecraft deployment accelerates.

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