Fundz

Dhruva Space Secures Rs 22 Crore Funding From Ian, Blue Ashva Capital

PRIVATEOct 25, 2021

Amount Raised

₹220 Million

Round Type

Seed

HyderabadOtherSoftwareEngineering Services

Description

Bengaluru: Indian space technology startup Dhruva Space has raised Rs 22 crore in funding led by Indian Angel Network (IAN) Fund and Blue Ashva Capital as it eyes the global market for integrated satellite manufacturing, launch and ground station services.

Quick answer

Dhruva Space raised ₹220 Million in a Seed round, dated October 25, 2021. Dhruva Space is based in Hyderabad, Telangana, India.

How much did Dhruva Space raise?
Dhruva Space raised ₹220 Million in a Seed round on October 25, 2021.
What does Dhruva Space do?
Dhruva Space is a full-stack Space-Engineering solutions provider, active across the Space (Satellite Platforms & Subsystems), Launch (Deployers) and Ground (Earth Stations) segments.
Where is Dhruva Space based and how big is it?
Dhruva Space is based in Hyderabad, Telangana, India.
Who are the decision-makers at Dhruva Space?
Fundz holds 1 contact at Dhruva Space. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Engineering Services and Software around the same time

Companies in the same sectors as Dhruva Space that raised within 45 days of this round, from Fundz verified event records.

  • Cassini Systems raised $21M (Funding Round) on December 9, 2021.
  • Logical Buildings raised $10M on December 9, 2021.
  • Kwara raised $4M (Seed) on December 9, 2021.
  • uLesson raised $15M (Funding Round) on December 9, 2021.
  • CaptivateIQ raised an undisclosed amount (Corporate Round) on December 9, 2021.
  • First Resonance, Inc. raised $14M (Series A) on December 9, 2021.

Who to call at Dhruva Space, and when

A new round usually means Dhruva Space is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Dhruva Space

Location

Hyderabad, Telangana, India

About

Dhruva Space is a full-stack Space-Engineering solutions provider, active across the Space (Satellite Platforms & Subsystems), Launch (Deployers) and Ground (Earth Stations) segments. Based in Hyderabad, India, the company has Space-qualified its 1U, 3U and 6U Satellite Orbital Deployers as well as its 0.5U CubeSats onboard ISRO's PSLV missions in 2022 and 2023.

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Dhruva Space raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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