Stoke Space secures $1B ahead of 2027 Nova rocket launch
Stoke Space announced a $1 billion funding round to support its Nova rocket, slated for a 2027 debut. The raise will fund development as the company prepares for its first launch. Separately, Cognition AI closed a $2 billion Series E at a $48 billion valuation, led by Andreessen Horowitz and Accel.
Sources: defensedaily.com · msn.com
“The dual funding rounds highlight contrasting capital strategies—one focused on long-term hardware development, the other on scaling AI software at a near-unicorn valuation.”
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