Pre-Series B
Bellatrix Aerospace has raised $20M in a pre-Series B round led by Cactus Partners, with participation from HERO Investment Management Office, 35North Ventures, IndusBridge Ventures, Monarch Holdings, and existing investors.
Investorsync desk1 min read
Deal sheet
$20M
- Stage
- Pre-Series B
- Announced
- 29 March 2026
Founded by Rohan M Ganapathy | 2015
The Bengaluru-based startup builds satellite propulsion systems.
The funds will be used to scale manufacturing after securing its first large commercial customer outside India (undisclosed).
Key highlights:
- Supported multiple ISRO missions
- Builds electric + green propulsion systems
Why this matters:
Indian space startups are moving from government contracts to global markets.
:
Can India become a global hub for space-tech manufacturing?
Source: company announcement. First posted on the Investorsync LinkedIn page.
From InvestorDB