Fenwick Represents Impulse Space in $300M Series C

Fenwick represented Impulse Space, a leader in the development of in-space transportation services, in its $300 million Series C funding-one of the largest venture rounds in the history of the space industry. The round was led by Linse Capital with participation from new investor DFJ Growth, as well as returning investors Valor Equity Partners, Founders Fund, Lux Capital, RTX Ventures, DCVC, Airbus Ventures, Spring Tide, First Principles Group, Balerion Space Ventures, Tamarack Global, and Trousdale Ventures.

Impulse Space will use the funds to grow headcount across engineering, manufacturing, and mission operations while continuing to vertically integrate for cost, quality, and schedule control; accelerate R&D to expand mission profiles-including integrating electric propulsion for long duration missions-and develop new vehicles for national security and NASA applications; and scale production on Mira and Helios to meet a growing backlog of demand. More information can be obtained from the company announcement.

The Fenwick transaction team was led by Cindy Hess and Jonathan Sagot and included corporate associates Warren Hill, Kate Souza, and Nick Dugas.