On October 1, Relativity Space Inc. (Relativity) announced that it raised $140m through a Series C investment round led by new investors Bond and Tribe Capital, with participation from existing investors Playground Global, Y Combinator, Social Capital, Mark Cuban and other individual investors, bringing to $185m the total amount of capital raised by the company to date. According to Relativity, the new funding will enable the company to complete development of its Terran 1 launch vehicle and commence commercial operations in early 2021.
Read more related news in Space Business Review October 2019.
