Agnikul Cosmos Secures Rs 150 Crore to Revolutionize Reusable Launch Vehicles

Spacetech startup Agnikul Cosmos raises $17 million at $500 million valuation

The funds, which came from family offices and institutional backers, including Advenza Global Limited, Atharva Green Ecotech LLP, HDFC Bank, Artha Select Fund, Prathithi Ventures, and 100X.VC, will be used to scale production of aerospace and rocket components, push forward Agnikul’s stage-recovery programme, and set up an integrated space campus on the 350 acres of land allocated by the Tamil Nadu government.

Space startup Agnikul raises ₹150 crore to fund reusable rockets

"This fundraising allows us to work on such missions while also focusing on scaling launch frequency and building for the world, from India," says CEO and Co-founder, AgniKul Cosmos

Chennai-based Agnikul Cosmos raises $17 million at $500 million valuation

The space tech firm eyes reusable small-sat launch vehicle push

Agnikul Cosmos Secures Rs 150 Crore to Revolutionize Reusable Launch Vehicles

Space startup Agnikul Cosmos has secured Rs 150 crore in new funding, valued over half a billion dollars. The funds will expedite the development of reusable launch vehicles, small satellite placements, and an integrated space campus. Agnikul's advances bolster India's leadership in the global spacetech industry.

Agnikul Cosmos raises $17 million funding at $0.5 billion valuation

Agnikul Cosmos secures $17 million funding, elevating its valuation to $500 million to enhance reusable launch technology and production.

India’s Agnikul secures ₹150 crore funding to boost 3D printed rocket tech and reuse strategy - BusinessToday

A portion of the funds is earmarked for development of Agnikul’s upcoming integrated space campus on the 350 acres allocated by the Tamil Nadu Government which will be used for building end-to-end facilities for manufacturing & testing of launch vehicle systems.