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374 facts · 512 sources · updated 2026-09-30

Fact fund-023

newrecordreported A research firm lists Valar's Series B shares in four classes at three prices, two classes issued in March 2026
2026-03 · fund-023 · Valar Atomics, Sacra · Series B-2 preferred issue price per share, March 2026 (Sacra): $8; Series B-3 preferred issue price per share, March 2026 (Sacra): $38; Series B-1 and B-4 preferred issue price per share, August 2026 (Sacra): $97; Series B valuation shown by Sacra (relaying Bloomberg): $6,000,000,000

Sacra's Valar page (read 29 Sept 2026) shows, in its 'Valuation & Funding History', a Series B in August 2026 with a $6.0B valuation, $1.0B raised and a $96.51 price, and lists four preferred share classes with issue prices: Series B-2 at $8.13 and Series B-3 at $37.67, both shown as issued in March 2026, and Series B-1 and Series B-4 at $96.51, both issued in August 2026. The same table lists a 'Growth' event in March 2026 with no figures shown. The page does not say where the classes come from; its 'Filings' list shows a Valar certificate of incorporation dated 15 Aug 2025, and that document and the round details sit behind a login and were not read. If the table is right, shares sold in March 2026 were issued as Series B stock, which fits TechCrunch's report that part of the $1 billion had been raised earlier at a lower valuation (fund-006, fund-007) and points to the lower end of the range in fund-008. It does not show how many shares of each class were sold, to whom, or for how much in total, and Valar has published none of it. Valar Atomics, Inc. is a Delaware corporation (orig-052), so its charter on file in Delaware would settle the share classes (open question).

In plain termsCompanies sell shares in labelled batches called 'classes'. A research firm's page lists four classes of Valar's Series B shares: two issued in March 2026 at about $8 and $38 a share, and two in August 2026 at about $97 a share. If that is right, the spring raise and the August '$1 billion' are parts of one round sold at rising prices, which is why the two headline figures should not simply be added. The firm's underlying documents are behind a paywall, so we could not check them.
verified 2026-09-29: New 2026-09-29 in the verify pass: read from Sacra's public page; its source documents are paywalled and not read, so one report only.

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