Deeptech space startup Astrophel Aerospace raises Rs 6.84 crore in a pre-Seed round

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Details

  • Startup: Astrophel Aerospace
  • Founders: Suyash Bafna
  • Fundraise Series: Pre-seed
  • Date of Fundraise: Not specified
  • Amount Raised: Rs 6.84 crore (approximately $800,000)
  • Investors: Syndicate of angel investors and early-stage venture firms
  • Location: Pune, India

Additional Context

  • Founded: 2022
  • Key Focus: Development of reusable semi-cryogenic launch vehicles and missile-grade guidance systems, specifically the Potentia C1U engine for the Astra C1 series rockets.
  • R&D Plans: Expand R&D team and scale manufacturing capabilities within 24 to 36 months.
  • Partnerships: Collaborating with the Indian Space Research Organisation for co-development and testing.

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2025-07-02 16:45:00