New space payload delivery company founded by SpaceX founding member Tom Mueller raises capital investment from firm renowned for backing futurists focused on using science and technology to improve the human condition

EL SEGUNDO, Calif. (Impulse Space, Inc. PR) — Impulse Space, Inc – leading the development of in-space transportation services for the inner solar system – today announced it has secured $10 million in funding by Lux Capital, the venture capital firm focused on emerging science and technology ventures at the outermost edges of what is possible. Following the recently raised $20 million seed round funding led by Founders Fund, this sets Impulse on an accelerated path toward its mission to provide agile, economic capabilities to access any orbit.

“With funding from Lux Capital, Impulse continues to build on a solid financial foundation and an equally strong foundation of the amazing people supporting us,” says Impulse Space Founder and CEO Tom Mueller. “Especially for a company like Impulse Space, it’s important to be aligned with people and organizations that trust in our technologies and capabilities as much as we do.”

Varda Space Industries has raised $9 million in a seed round to advance its goal of manufacturing products in space.

Varda said that Founders Fund and Lux Capital were the co-leads on the round. Other participants in the round included Also Capital, Fifty Years, Raymond Tonsing, Justin Mateen, and Naval.

Founders Fund partner Trae Stephens and Lux Capital managing partner Josh Wolfe joined the Varda Space board of directions as part of the raise.