Stoke Space Technologies Secures $1 Billion In Series E Funding For Orbital Launch Preparation

Stoke Space Technologies, a Kent, Wash.-based rocket company led by CEO Andy Lapsa, completed an initial closing of its $1 billion Series E, bringing its total funding to $2.3 billion. The round was co-led by Point72 Ventures and Spark Capital, with participation from General Innovation, Glade Brook Capital, US Innovation Technology, Washington Harbour Partners, Woven Capital and Y Combinator; Stoke plans to use the capital to prepare for its first orbital launch, expand production and launch capacity, and accelerate development of its larger Nova Block 2 vehicle. FOUNDERS: Andy Lapsa & Tom Feldman INVESTORS: Point72 Ventures, Spark Capital, General Innovation, Glade Brook Capital, US Innovation Technology, Washington Harbour Partners, Woven Capital & Y Combinator ROUND: Series E AMOUNT: $1,000,000,000 HQ: Kent, Washington #VentureCapital #StokeSpaceTechnologies #AndyLapsa #TomFeldman #TradedVC

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Clay Secures $115 Million In Series D Funding Led By Wellington Management At $7.1 Billion ValuationClay raised $115 million in a Series D led by Wellington Management at a $7.1 billion valuation, bringing the company into its next phase focused on building a self-learning revenue engine that predicts and executes the next best actions for businesses. Co-founder Varun Anand said Clay will expand beyond GTM data and infrastructure into AI-driven recommendations across marketing, sales and product strategy, while launching a $1 million scholarship fund to train the next generation of go-to-market engineers. FOUNDERS: Varun Anand & Cole Turner INVESTOR: Wellington Management ROUND: Series D AMOUNT: $115,000,000 VALUATION: $7,100,000,000 HQ: New York, New York #VentureCapital #Clay #VarunAnand #ColeTurner #TradedVC

Sydney Sweeney Invests As Equity Partner In Sports Prediction Platform Novig Valued At $500 MillionSYDNEY SWEENEY IS BETTING ON SPORTS PREDICTION MARKETS. The actress has invested in Novig, joining the sports prediction platform as an equity partner ahead of the fall and winter sports season. Novig was most recently valued at roughly $500M after raising a $75M Series B, bringing total funding to more than $105M. The company lets users trade sports outcomes directly against one another rather than betting against a traditional sportsbook, and reported 10x growth in trading volume in 2025. Sweeney is also helping lead Novig’s new “Just Sports” campaign across TV, streaming, social, digital, and out-of-home. Novig is backed by Pantera Capital, Multicoin Capital, Makers Fund, Forerunner, NFX, Y Combinator, Lux Capital, and others. Celebrity endorsements are increasingly becoming equity ownership.