General Atlantic and Coatue Management led a $1.4 billion investment in Sierra Space, valuing the Sierra Nevada Corp. subsidiary at $4.5 billion, its CEO said in an interview.
The Louisville, Colorado-based company will spend proceeds from the funding round on advancing plans for affordable space transportation as well as habitation and manufacturing in orbit, Sierra Space Chief Executive Officer Tom Vice said in an interview. Other new investors include Moore Strategic Ventures, BlackRock Private Equity Partners and AE Industrial Partners, he said. Family offices associated with billionaires Stan Druckenmiller and Vincent Viola also participated in the funding round, people with knowledge of the matter said.
"general" - Google News
November 19, 2021 at 12:01PM
https://ift.tt/3kTjczT
General Atlantic, Coatue Bet Values Sierra Space at $4.5 Billion - Bloomberg
"general" - Google News
https://ift.tt/2YopsF9
https://ift.tt/3faOei7
Bagikan Berita Ini
0 Response to "General Atlantic, Coatue Bet Values Sierra Space at $4.5 Billion - Bloomberg"
Post a Comment