Archive · 19 Sep 2025
SpaceFields Secures $5M Funding for Rocket Propulsion Systems
SpaceFields, a company that makes rocket parts, received $5 million in new funding.
This money will help them build more parts, get official approvals, and hire more people.
The company was started in 2021 by graduates from VSSUT Burla and incubated at IISc Bangalore.
They develop rocket propulsion systems for defense and space missions.
SpaceFields has won contracts from the Ministry of Defence and has patents for its technology.
Solid propulsion is important for defense and space missions.
SpaceFields, a deeptech startup, raised $5 million in pre-Series A funding.
The funding round was led by Globaz Technologies, co-led by Rockstud Capital and Venture Catalysts.
Funds will be used for scaling up manufacturing, certifications, and team expansion.
SpaceFields develops next-generation rocket propulsion systems for defense and space.
The company has won contracts and filed patents on developed technologies.
- Who
- SpaceFields, a deeptech startup
- What
- Raised $5 million in funding
- When
- Published September 19, 2025
- Where
- Bengaluru, India
- Why
- To scale up manufacturing, secure certifications, and expand teams
- Company
- SpaceFields
- Funding Amount
- $5 million (₹42 crore)
- Lead Investor
- Globaz Technologies
- Industry
- Aerospace/Defense
- Use of Funds
- Manufacturing, Certifications, Team Expansion
- Founded
- 2021
