Sierra Space Raises $290M at $5.3B Valuation in Series B Round

27 September 2023
GeoSpatial World

AI Generated Summary

Sierra Space has closed a $290 million Series B funding round.

Citi acted as private placement agent to Sierra Space on this transaction.

The round brings the company’s total capital raised to $1.7 billion, the largest ever capital raise by a commercial space company over the combined Series A and B rounds.