Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

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Summary of Astrophel Aerospace’s Funding

  • Startup: Astrophel Aerospace
  • Founders: Suyash Bafna
  • Funding Amount: Rs 6.84 crore (approximately $800K)
  • Fundraising Series: Pre-seed
  • Investors: Group of angel investors and venture firms (specific names not mentioned)
  • Date of Fundraise: Not explicitly stated (assumed recent)
  • Use of Funds:
    • Building a prototype of a reusable semi-cryogenic launch vehicle
    • Expanding in-house R&D for advanced missile-grade guidance and propulsion systems

Additional Information

  • Founded in 2022
  • Location: Pune, India
  • Competitors include: Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace, and Pixxel
  • Achievements: Successful test-firing of a semi-cryogenic engine with minimal internal resources

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2025-07-01 08:40:02