Venture Capital: Sierra Space Raises $1.4B For Spaceplane And Habitat Station

Sierra Space, the startup with visions for humanity’s new civilizations beyond Earth, announced Friday its $1.4 billion Series A round led by General Atlantic, Coatue and Moore Strategic Ventures, with participation from funds and accounts managed by BlackRock Private Equity Partners and AE Industrial Partners. The round valued the startup, which is a subsidiary of private aerospace contractor Sierra Nevada Corporation, at $4.5 billion.