SpaceRyde

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The Rocket Network: Sustainable & On-Demand Delivery Anywhere in Space

Toronto, Canada · Founded 2018

Headquarters
Toronto
Employees
11–50
Founded
2018
Last Round
SeedMar 2019
Rounds
1

About

SpaceRyde is building the future of space cargo transportation to facilitate and encourage necessary in-space developments, innovations and economy. SpaceRyde is the only sustainable mode of space transportation. Its innovative system utilizes a stratospheric balloon to bypass the atmosphere without emissions nor depositing black particles into the ozone layer and is the world’s first and only multi-functional rocket. After completing its initial mission, the vehicle will remain powered in orbit and joins its rocket network until assigned its next in-space mission, including tasks such as; refuelling, deep space missions, space junk removal and de-orbiting. SpaceRyde’s story began in 2018 with husband-wife founders Saharnaz Safari and Sohrab Haghighat and the dream of eliminating the barriers to innovation in space. The company is now a rapidly growing team of over 30 employees with a 25,000-square-foot rocket factory and state-of-the-art engine groundworks facility.

Summary

SpaceRyde is an Aerospace company based in Toronto, Canada, founded in 2018. Its most recent funding was a Seed round in Mar 2019. Investors include Y Combinator, Pi Campus and Pegasus Tech Ventures.

Funding History

SeedSeed RoundMar 2019

Investors

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