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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, 2026•6 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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