Relativity Space’s $500 Million Series D Financing

Fenwick & West LLP advised Relativity Space on the deal.

Relativity Space, a company 3D printing an entire rocket and building the largest metal 3D printers in the world, announced its $500 million Series D financing.

The round was led by Tiger Global Management with participation from new investors Fidelity Management & Research Company LLC, Baillie Gifford, ICONIQ Capital, General Catalyst, XN, Senator Investment Group and Elad Gil. Existing investors participating in the round include BOND, Tribe Capital, K5 Global, 3L, Playground Global, Mark Cuban, Spencer Rascoff, and Allen & Company LLC, among others.

The financing will enable Relativity to accelerate its planned initiatives, including its factory of the future, launch vehicle development, and 3D printing technologies.

The Fenwick transaction team included corporate partner Michael Brown (Picture), partner-elect Morgan Sawchuk, associates Taimur Case and Evan McCormick, and law clerk Danielle Coleman.

Involved fees earner: Michael Brown – Fenwick & West LLP; Taimur Case – Fenwick & West LLP; Evan McCormick – Fenwick & West LLP; Morgan Sawchuk – Fenwick & West LLP;

Law Firms: Fenwick & West LLP;

Clients: Relativity Space, Inc.;

Author: Ambrogio Visconti