Dream Aerospace raises Rs 10 Cr in Pre-Series A funding led by 247VC and Campus Angels Network to enhance propulsion technologies for the space industry.
Amount Raised
₹100 Million
Round Type
Pre-Series A
KanpurManufacturingAerospaceSatellite CommunicationInvestors
Description
Dream Aerospace Technologies has successfully raised Rs10 crore in a Pre-Series A funding round led by 247VC and Campus Angels Network. This funding will support key initiatives including flight qualifications for their propulsion technologies. The capital will also aid in expanding production and testing capabilities at IIT Kanpur. This marks a significant milestone in their journey towards sustainable space propulsion.
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