{"id":80622,"date":"2025-09-23T08:59:14","date_gmt":"2025-09-23T08:59:14","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/80622\/"},"modified":"2025-09-23T08:59:14","modified_gmt":"2025-09-23T08:59:14","slug":"spacefields-raises-5-mn-in-pre-series-a-round","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/80622\/","title":{"rendered":"SpaceFields raises $5 Mn in pre-Series A round"},"content":{"rendered":"<p dir=\"ltr\">Bengaluru-based deeptech startup SpaceFields has raised $5 million (about Rs 42 crore) in its pre-Series A round led by Globaz Technologies, with participation from Rockstud Capital, Venture Catalysts, Nithin Kamath\u2019s Rainmatter, Burla Angel Network, Faad Capital, SIDBI, O2 Angels, MeitY Startup Hub, among others.<\/p>\n<p dir=\"ltr\">Prior to this round, SpaceFields had raised $1.3 million in seed funding from Jamwant Ventures, HVB 88 Angels, and others in 2024.<\/p>\n<p dir=\"ltr\">The proceeds will be used to scale manufacturing, secure key regulatory certifications, and expand its team across engineering, operations, and business functions.<\/p>\n<p dir=\"ltr\">Founded in 2021 by Apurwa Masook, Rounak Agrawal, and Sudarshan Samal, SpaceFields develops rocket propulsion systems for defence and aerospace applications. It has built solid-fuel powered propulsion systems for UAVs, rockets, and spacecraft.<\/p>\n<p dir=\"ltr\">The startup has already secured four defence contracts through the Ministry of Defence\u2019s iDEX initiative and has been granted patents for four indigenously developed propulsion technologies.<\/p>\n<p dir=\"ltr\">As part of the round, SpaceFields and lead investor Globaz will collaborate to develop critical, sovereign, dual-use technologies for India\u2019s defence and aerospace value chain. Globaz is a Delhi NCR-based company specialising in design, manufacturing, assembly, and testing of aerospace and defence electronics.<\/p>\n","protected":false},"excerpt":{"rendered":"Bengaluru-based deeptech startup SpaceFields has raised $5 million (about Rs 42 crore) in its pre-Series A round led&hellip;\n","protected":false},"author":2,"featured_media":80623,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[79,18,236,19,17],"class_list":{"0":"post-80622","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-eire","10":"tag-entrepreneurship","11":"tag-ie","12":"tag-ireland"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/80622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=80622"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/80622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/80623"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=80622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=80622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=80622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}