Inversion Space raises $44 million

BREMEN, Germany — Inversion Space has raised $44 million to further development of reentry vehicles to deliver cargo from space. The Los Angeles-based company announced Nov. 20 that it raised a Series A round led by Spark Capital and Adjacent, with participation from Lockheed Martin Ventures, Kindred Ventures and Y Combinator. The company has raised $54 million to date, with a $10 million seed round in 2021. It also won in September a Strategic Funding Increase (STRATFI) agreement with the Space Force’s SpaceWERX valued at $71 million, a combination of…

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