“Washington reusable rocket startup Stoke Space raises $100 million” – CNBC

May 10, 2023 – Michael Sheetz / CNBC – Washington-based startup Stoke Space raised $100 million in new funds, the company announced Thursday, as it aims to develop a fully reusable rocket called “Nova.”

Stoke’s latest investment round was led by Industrious Ventures – with the firm’s Steve Angel, chairman of chemicals giant Linde, joining the Stoke board of directors. The space company’s fundraise was also joined by investors including the University of Michigan, Sparta Group, Long Journey, Bill Gates’ Breakthrough Energy, YCombinator, Point72 Ventures, NFX, MaC Ventures, Toyota Ventures and In-Q-Tel.

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