💰The Funding Letter #1685: June 4

Impulse Space, Scalable Capital, Yieldstreet, and more...

June 04, 2025

Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City.

Hit the Gong 🎉

Source: @crushing_quota

Daily Deals 💸

🌎 Americas

Spyglass Pharma develops pharmaceutical and healthcare products for generic medicines and active pharmaceutical ingredients, providing reliable access and compliant products that support treatment accessibility and affordability. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $75M, Series D

Round Investors: Sands Capital Ventures (lead), RA Capital Management, New Enterprise Associates, Vensana Capital

🚀Growth Focus: Advance its drug delivery platform to offer long-term medical therapy for chronic ophthalmic conditions, including glaucoma.

HQ: Aliso Viejo, CA

Industry: Pharmaceutical Manufacturing

Employee Count: 40

Yieldstreet builds a digital wealth management platform that provides access to institutional investment products, allowing investors to easily invest in alternative investments and providing borrowers with affordable capital. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $45M, Series D

Round Investors: Edison Partners (lead), Mayfair Equity Partners (lead)

🚀 Growth Focus: Accelerate growth plans and continue delivering private market alternatives to investors.

HQ: New York, NY

Industry: Financial Services

Employee Count: 192

Impulse Space is a manufacturer of aviation and aerospace components for economical last-mile space payload delivery, allowing companies to control costs along with rapid design and operational improvements. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $300M, Series C

Round Investors: Linse Capital (lead), Valor Equity Partners, Silent Ventures, DFJ Growth

🚀Growth Focus: Enable the in-space transportation company to expand and develop electric propulsion technologies.

HQ: Redondo Beach, CA

Industry: Defense and Space Manufacturing

Employee Count: 220 (⚡21% increase in last 6 months)

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