Bellatrix Aerospace to secure fresh funds at flat valuation

Here’s a structured list based on the information provided about Bellatrix Aerospace:

Company Details

• Startup Name: Bellatrix Aerospace
• Founded: 2025
• Industry: Space Technology
• Focus: Advanced propulsion systems for space missions.

Fundraising Information

1. Pre-Series B Round

   • Amount: Rs 26 crore (approximately $3 million)
   • Investors: Inflexor Ventures, StartupXseed Ventures, Pavestone VC, Survan Partners, and others
   • Date of Fundraise: Not specified
2. Series A Round
   • Amount: $8 million
   • Lead Investor: BASF Venture Capital
   • Date of Fundraise: June 2022

Financial Overview

• Total Amount Raised to Date: Approximately $12.5 million
• Latest Valuation: Rs 314 crore (approximately $37 million)
• Revenue for FY 2024: Rs 2 crore
• Net Loss for FY 2024: Rs 12.35 crore

Additional Notes

• Unique Contribution: Developed the world’s first commercial Microwave Plasma Thruster using water as fuel.
• Recent Expansion: Plans to set up manufacturing facilities in Delaware, USA.
• Competitors: Agnikul, Skyroot Aerospace, Pixxel, Dhruva Space, Digantara, and others.

This summary captures the key aspects related to investors, series of funding, and other relevant details about Bellatrix Aerospace.

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2025-04-29 10:11:25