Relativity Space Co-Founder Jordan Noone Steps Down, Hints at 'Next Venture'

Tami Abdollah

Tami Abdollah was dot.LA's senior technology reporter. She was previously a national security and cybersecurity reporter for The Associated Press in Washington, D.C. She's been a reporter for the AP in Los Angeles, the Los Angeles Times and for L.A.'s NPR affiliate KPCC. Abdollah spent nearly a year in Iraq as a U.S. government contractor. A native Angeleno, she's traveled the world on $5 a day, taught trad climbing safety classes and is an avid mountaineer. Follow her on Twitter.

Relativity Space Co-Founder Jordan Noone Steps Down, Hints at 'Next Venture'

Relativity Space co-founder and CTO Jordan Noone announced on Twitter Wednesday that he began a transition to the role of executive advisor earlier this week "in preparation for starting my next venture."


Noone did not provide details on what that venture may be and the company did not respond immediately respond to a request for comment.

Tim Ellis, Relativity Space's co-founder and CEO, said in his own tweet that it's been an "absolute honor and privilege" to partner with Noone to build Relativity Space, which aims, eventually, to print 3D rockets on Mars.


A former SpaceX engineer, Noone, met Ellis while they were both students at the University of Southern California and involved with the Rocket Propulsion Lab, a student group that builds its own rockets.

They would go on to found the company in 2015 with a $500,000 from investor Mark Cuban.

In his tweet, Noone said, "@relativityspace has been the dream of a lifetime."

The company recently hit a number of key benchmarks to help bring it closer to its goals.

In June, the Los Angeles-based company announced an agreement with the U.S. Air Force's 30th Space Wing to develop rocket launch facilities at Vandenberg Air Force Base and a separate contract with Iridiums Communications Inc. to deliver satellites into orbit using Relativity's 3D printed launch vehicle.

Relativity closed its $140 million Series C funding round led by Bond and Tribe Capital in October. The company is also backed by investors Playground Global, Y Combinator, Social Capital, and Mark Cuban.

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March Capital Raises $650 Million Fund to Invest in AI Startups

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College and previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

March Capital Raises $650 Million Fund to Invest in AI Startups
March Capital founder Jamie Montgomery. Illustration by Dilara Mundy.

Santa Monica-based venture outfit March Capital announced Feb. 3 that it raised its largest fund to date, a $650 million investment vehicle that will be used to back up to 15 startups focused on delivering new uses of artificial intelligence.

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The Three Best Ways to Work With Your Startup Board

Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

The Three Best Ways to Work With Your Startup Board

When launching and running a startup, your board of directors is one of your most valuable assets. If you already understand why you need a board and how to structure your board, it may be tempting to think you can cross that item off the list. But building a board is just the beginning. Now you’ve got to get down to business—together.

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This Week in ‘Raises’: Saviynt Lands $205M, Pagos Secures $34M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: Saviynt Lands $205M, Pagos Secures $34M
This Week in ‘Raises’:

While it was a slow week of funding in Los Angeles, security vendor Saviynt managed to score $205 million that will be used to meet the company’s growing demand for its converged identity platform and accelerate innovation.

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