Medicine made in space? Varda just raised $251M

Oct 7, 2026 · News · Startups & funding

Varda Space Industries announced a $251 million Series D on 30 September 2026, at a reported $1.6 billion valuation. It grows drug crystals in orbit, where near-weightlessness mostly stops the stirring and sinking that gravity causes, then brings them home in a capsule under a parachute. No space-made medicine has reached patients yet.

Read more: https://www.techarcade.io/varda-grows-drugs-in-orbit-parachutes-them-home-and-just-priced-that-at-1-6-billion/

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