Back

VCGuy

Believe me, itโ€™s not...ย โ€ขย 1y

Who would've thought that you can send a rocket to space with a 3D-printed engine! Three weeks back, Agnikul showed it could happen soon. โญ๏ธTotal Funding: $58.6 M, Last raise - Series B : $26.7 M โฉLead Investors: Rocketship VC, Pi Ventures, Mayfield Reaching space economically is challenging - - High Costs of ~$40,000 per kg payload. - Companies share rockets to cut costs; the first to book the rocket, sets the launch path and date. - Engine manufacturing and assembly are time-consuming. Agnikul solves this with โคต๏ธ - 3D printed rocket-engine (single-shot, one-piece component) - No assembly required - Affordable, on-demand services - Launching satellites as light as 30 kg Globally, the space market is estimated at $400 B, of which India currently holds ~2% ($8.4 B). GOI's Major Move: India's New Space Policy (2023) now allows up to 100% Foreign Direct Investment (FDI). ๐Ÿ”ผSpace startups in India have skyrocketed from 1 in 2022, to nearly 200.

Reply
1
8

More like this

Recommendations from Medial

Image Description

Sanskar

Keen Learner and Exp...ย โ€ขย 1y

Agnikul Cosmos, is an Indian aerospace startup founded in 2017 and incubated at the Indian Institute of Technology Madras. This company is focused in the development of small-lift launch vehicles, focusing on the use of 3D printing technology for roc

See More
2 Replies
14
Image Description
Image Description

Ashish Singh

Finding my self ๐Ÿ˜ถโ€๏ฟฝ...ย โ€ขย 6m

_30 dec startup news _ - Funding Updates : Seven Indian startups raised approximately $29 million this week, with notable contributions from GoMechanic among others . - Zomato's Milestone. : Zomato became the first Indian new-age tech company to e

See More
7 Replies
3
Image Description
Image Description

Mridul Das

Introvert!ย โ€ขย 3m

๐Ÿš€ Indiaโ€™s Space Startups: Taking on the World! ๐ŸŒโœจ Indiaโ€™s private space sector is soaring, challenging global giants! Hereโ€™s a power ranking of top startups by funding & innovation: ๐Ÿ”ฅ 1. Skyroot Aerospace โ€“ Funding $99.8M โœ… 1st Indian private ro

See More
3 Replies
4
16
Image Description
Image Description

Havish Gupta

Figuring Outย โ€ขย 6m

This company makes 3D printed rockets! So now while you're still looking for the cheapest 3D Printer to make a cup, this company is already using 3D printing tech to make real Rockets! Meet Relative Space, an American space startup founded by forme

See More
4 Replies
4
Image Description
Image Description

Vishu Bheda

ย โ€ขย 

Medialย โ€ขย 7m

This will create more billionaires than the internet boom: 2010: $50,000 to send 1kg to space 2024: $100 Soon: $10 But everyone's focused on the wrong thing. The real opportunity isn't in launches - it's in what comes after: The internet was once

See More
8 Replies
4
14
Image Description
Image Description

VCGuy

Believe me, itโ€™s not...ย โ€ขย 1m

Peak XV's decade long Porter wager turns into a 11x exit. Last week โ†’ Porter raised $200 M in Series F. - Peak XV fully exited. Initially invested in a Series A in 2005, with follow-ons in Series B and C. i). As per reports, Porter held an

See More
3 Replies
10
Image Description
Image Description

VCGuy

Believe me, itโ€™s not...ย โ€ขย 5m

The health-focused food space has seen a noticeable uptick in activity. In the past few months - - WickedGud raised โ‚น20 Cr from Orios VP (healthy alt's for pasta/noodles/chips) - Troo Good raised $9 M from Puro Wellness, Oaks, V Ocean Inv. (offers m

See More
4 Replies
16
23

VCGuy

Believe me, itโ€™s not...ย โ€ขย 11m

A space that seems to have sparked investor interest is: Travel Luggage ๐ŸงณLately, we've seen significant activity in this space - Feb 24: Mokobara raised $12 M from Peak XV Mar 24: Safari Industries raised $27 M from Lighthouse India Focused Fund Ma

See More
Reply
1
6

Download the medial app to read full posts, comements and news.