.
MergerLinks Header Logo

New Deal


Announced

Completed

Fidelity Management & Research led a $650m Series E funding round in Relativity Space.

Financials

Edit Data
Transaction Value£459m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Domestic

Venture Capital

Aerospace

3d printing

rockets engineering

United States

Private

Private Equity

Acquisition

Friendly

Minority

Synopsis

Edit

Fidelity Management & Research led a $650m Series E funding round in Relativity Space, an American aerospace manufacturing company. The round had participation from new investors including funds and accounts managed by BlackRock, Centricus, Coatue, and Soroban Capital, in addition to participation from existing investors Baillie Gifford, K5 Global, Tiger Global, Tribe Capital, XN, Brad Buss, Mark Cuban, Jared Leto, and Spencer Rascoff. “Relativity was founded with the mission to 3D print entire rockets and build humanity’s industrial base on Mars. We were inspired to make this vision a reality, and believe there needs to be dozens to hundreds of companies working to build humanity’s multiplanetary future on Mars. Scalable, autonomous 3D printing is inevitably required to thrive on Mars, and Terran R is the second product step in a long-term journey Relativity is planning ahead,” Tim Ellis, Relativity CEO and Сo-founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US