Astrophel Aerospace has raised INR 6.84 Crore in a pre-seed funding round led by angel investors to develop a reusable launch vehicle.
Amount Raised
₹68.4 Million
Round Type
Pre-Seed
PuneManufacturingAerospaceInvestors
Description
Astrophel Aerospace, a Pune-based startup, has secured INR 6.84 Crore in a pre-seed funding round. The investment will support the development of a reusable semi-cryogenic launch vehicle and missile-grade components. This funding is crucial as India's space economy grows rapidly. The company is one of the few indigenous private startups to have test-fired a semi-cryogenic engine.
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