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Sierra raises $1.4 billion, valuing it at $4.5 billion

The launch company Sierra Space raised $1.4 billion in a Series A capital round, bringing its valuation to $4.5 billion, the Colorado-based builder of the winged and reusable Dream Chaser launcher said. The round is led by General Atlantic, Coatue and Moore Strategic Ventures, with participation from funds and accounts managed by BlackRock Private Equity Partners, AE Industrial Partners,