Fenwick & West represented Relativity Space, Inc., a leading orbital launch company taking a fundamentally new approach to build and fly rockets, in its $35 million Series B financing. Playground Global led the funding round with full participation from existing Series A investors Social Capital, Y Combinator Continuity and Mark Cuban.
Relativity will use the funding to grow the company’s scalable, automated process for manufacturing and launching rockets from conception to production. The new funding will also further Relativity’s already strong partnerships with leading commercial and government entities worldwide. More information about Relativity’s $35 million Series B financing can be obtained from the company announcement.