CNBC — Recent News

Relativity Space adds $500 million to ‘war chest’ for scaling production of 3D-printed rockets

2020, NewsElliott DavisNovember 23, 2020CNBC

Inside Relativity Space’s 3D-printing rocket ‘factory of the future’

Rocket builder Relativity Space this summer moved into its new headquarters in Long Beach, California.

2020, NewsElliott DavisOctober 12, 2020CNBC

INVESTING IN SPACE Relativity, a company 3D printing entire rockets, raises $140 million from venture firms Bond, Tribe

Space start-up Relativity Space just raised the money it needs to transform the rocket supply chain in the U.S. with 3D printing.

The four-year-old company in Los Angeles, Calif., said it has the funds it needs to reach orbit. Relativity announced on Tuesday it closed $140 million in new fundraising, led by Bond Capital – a fund whose partners include Mary Meeker – and recently-formed Tribe Capital. Meeker helped spin Bond out of Kleiner Perkins last year and the $1.3 billion fund’s investment in Relativity is its first in the space industry.