# Top 12 Launch Vehicles Startups Worldwide by Funding (2026)

> The 12 best-funded launch vehicles startups worldwide, ranked by total funding raised: $5.5B combined.

Source: https://millionrounds.com/top-lists/launch-vehicles-startups (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Stoke Space** Stoke Space is a U.S.](https://millionrounds.com/company/stoke-space) Stoke Space is a U.S. *Founded* 2019 Kent, United States **$1.6B** last round Oct 2025
- 2 [**Apex** Ian Cinnamon, CEO, and Max Benassi, CTO, founded Apex in 2022 to solve one of the space industry's biggest challenges: the satellite production bottleneck.](https://millionrounds.com/company/apex) Ian Cinnamon, CEO, and Max Benassi, CTO, founded Apex in 2022 to solve one of the space industry's biggest challenges: the satellite production bottleneck. *Founded* 2022 Los Angeles, United States **$1.1B** last round Oct 2026
- 3 [**Karman Space & Defense** Karman Space & Defense offers production solutions for hypersonics, spacecraft, launch vehicles, missiles, and integrated defense systems.](https://millionrounds.com/company/karman-space-and-defense) Karman Space & Defense offers production solutions for hypersonics, spacecraft, launch vehicles, missiles, and integrated defense systems. *Founded* 2021 Huntington Beach, United States **$854M** last round May 2026
- 4 [**K2 Space** K2 Space focuses on the latest generation of launch vehicles that will open the doors to the solar system.](https://millionrounds.com/company/k2-space) K2 Space focuses on the latest generation of launch vehicles that will open the doors to the solar system. *Founded* 2022 Torrance, United States **$750M** last round Jul 2026
- 5 [**Firefly Aerospace** Firefly Aerospace provides launch vehicles, spacecraft, and in-space services for small payloads.](https://millionrounds.com/company/firefly-aerospace) Firefly Aerospace provides launch vehicles, spacecraft, and in-space services for small payloads. *Founded* 2014 Cedar Park, United States **$609M** last round May 2026
- 6 [**Gilmour Space Technologies** Gilmour Space Technologies is a space rocket company that develops low-cost hybrid launch vehicles.](https://millionrounds.com/company/gilmour-space-technologies) Gilmour Space Technologies is a space rocket company that develops low-cost hybrid launch vehicles. *Founded* 2012 Yatala, Australia **$399M** last round Jan 2026
- 7 [**Unastella** Unastella operates its own launch vehicles to provide human space travel platform services.](https://millionrounds.com/company/unastella) Unastella operates its own launch vehicles to provide human space travel platform services. *Founded* 2022 Seoul, South Korea **$39M** last round Jun 2026
- 8 [**EtherealX** EtherealX designs, develops, and manufactures next-generation launch vehicles and spacecraft.](https://millionrounds.com/company/etherealx) EtherealX designs, develops, and manufactures next-generation launch vehicles and spacecraft. *Founded* 2022 Bengaluru, India **$21M** last round Jan 2026
- 9 [**XCOR Aerospace** XCOR Aerospace was an American aerospace company founded in 1999 in Mojave, California.](https://millionrounds.com/company/xcor-aerospace) XCOR Aerospace was an American aerospace company founded in 1999 in Mojave, California. *Founded* 1999 Mojave, United States **$19M** last round May 2014
- 10 [**InnoSpace** INNOSPACE is a South Korean aerospace startup founded in 2017, specializing in hybrid rocket-powered launch vehicles.](https://millionrounds.com/company/innospace) INNOSPACE is a South Korean aerospace startup founded in 2017, specializing in hybrid rocket-powered launch vehicles. *Founded* 2017 Cartersville, Hong Kong SAR China **$15M** last round Dec 2022
- 11 [**Allocations** Allocations is a unified software platform designed for special purpose vehicles (SPVs), fund formation, and fund administration.](https://millionrounds.com/company/allocations) Allocations is a unified software platform designed for special purpose vehicles (SPVs), fund formation, and fund administration. *Founded* 2019 Miami, United States **$5.0M** last round Sept 2022
- 12 [**Skyrora** Skyrora is a UK-based rocket company founded in 2017 and headquartered in Glasgow, Scotland.](https://millionrounds.com/company/skyrora) Skyrora is a UK-based rocket company founded in 2017 and headquartered in Glasgow, Scotland. *Founded* 2017 Cumbernauld, United Kingdom **$3.4M** last round Mar 2021

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back launch vehicles startups worldwide in the app, with filters, lists and exports.

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## More lists worldwide

[See all](https://millionrounds.com/top-lists?r=Global)

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