Space-tech startup Skyroot Aerospace has raised $51 million in a funding round led by Singapore’s sovereign fund GIC. The company said it would use the funds to expand the headcount across its engineering team. Founded in 2018, Skyroot builds rockets to help launch small satellites, as it designs and tests multiple rocket propulsion systems. “This…
Skyroot Aerospace, India’s private space launch company, has announced that it is set to take the global stage with help from its recent $11 million Series A capital raise. Founded in 2018, by former Indian Space Research Organization’s (ISRO) scientists Pawan Kumar Chandana and Naga Bharath Daka, Skyroot Aerospace will use the funding to acquire…
Skyroot Aerospace has announced that it has raised $11 million in Series A funding with plans to have Vikram-I on the launch pad by mid of 2022. Naga Bharath Daka, co-founder & chief operating officer (COO) of Skyroot Aerospace, said, “We intend to raise $40 million more to fund our aggressive growth plans over the…