Stoke Space

Company US Private Editorial profile Funding raised: $1.3B Website

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Profile

Fully and rapidly reusable Nova rocket with a novel regen-cooled upper stage. Extended its Series D to $860M in Feb 2026 (~$1.3B raised to date, ~$2B valuation) to activate Launch Complex 14 at Cape Canaveral and scale production; Nova first flight is targeted for 2026.

Editorial profile — compiled by us from public sources.

Founded: 2019
Headquarters: Kent, WA, US
Funding raised: $1.3B

Current standings

Standings and milestones are always verified by us against primary sources, regardless of who manages the profile.

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Roadmap & milestones

$1B for a fully reusable rocket that has not flown

~ 2026-09-08

Stoke Space — Series E, Point72 Ventures / Spark Capital

Stoke Space raised $1B in a Series E co-led by Point72 Ventures and Spark Capital, taking total funding to $2.3B — for a launch company that has not yet reached orbit. The money funds a first orbital flight of Nova Pathfinder (3 t to LEO), targeted for early 2027, and accelerates Nova Block 2, a 15 t vehicle with a 5 m fairing aimed at 2029. Stoke's design goal is full reusability of both stages, including a regeneratively cooled upper stage — the part SpaceX has never recovered. The valuation rests entirely on that architecture working; no Stoke vehicle has flown.

Press release · 2026-09

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