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Skyroot Aerospace recently secured $60 million in a funding round, co-led by Sherpalo Ventures and GIC, aimed at advancing its space technology development.

PRIVATEAug 31, 20266 days ago

Amount Raised

$60 Million

Round Type

Venture - Series Unknown

DelhiMedia And Entertainment

Investors

GicSherpalo Ventures

Description

Skyroot Aerospace raised $60 million just months before its successful rocket launch. This funding aims to support the company's growth and development as India sees a rise in private space startups. The Indian space industry has witnessed significant investment in recent years, totaling over $500 million since 2020. With this funding, Skyroot looks to continue its ambitious journey in space exploration.

Company Information

Company

Skyroot Aerospace

Location

Delhi, Delhi, India

About

A new space age is emerging and the extraordinary opportunities in space depend on the transportation systems from Earth to Space. At Skyroot, we are building technologies for responsive, reliable and economic access to space. We envision a future where spaceflight is as regular, reliable and affordable as airflight.

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Skyroot Aerospace 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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