IIT-Bombay incubated spacetech startup InspeCity secures $5.6 million in seed funding

May 7, 2025

, By The Economic Times

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IIT Bombay-incubated ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/spacetech-startup” target=”_blank”>spacetech startup InspeCity, which is building technology for ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/satellite-life-extension” target=”_blank”>satellite life-extension, announced it has secured a $5.6 million (about Rs XX) seed funding round, led by Ashish Kacholia and participation from Speciale Invest, Shastra VC, Antler India, DeVC, MGF-Kavachh and Anicut Capital.It aims to focus on building solutions for in-space servicing, assembly and manufacturing (ISAM) and in-space propulsion.

The Mumbai-based startup said it will use the capital to continue its research and development and scale up to…

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IIT-Bombay incubated spacetech startup InspeCity secures $5.6 million in seed funding

May 7, 2025

, Published By The Economic Times

IIT Bombay-incubated ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/spacetech-startup” target=”_blank”>spacetech startup InspeCity, which is building technology for ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/satellite-life-extension” target=”_blank”>satellite life-extension, announced it has secured a $5.6 million (about Rs XX) seed funding round, led by Ashish Kacholia and participation from Speciale Invest, Shastra VC, Antler India, DeVC, MGF-Kavachh and Anicut Capital.It aims to focus on building solutions for in-space servicing, assembly and manufacturing (ISAM) and in-space propulsion.

The Mumbai-based startup said it will use the capital to continue its research and development and scale up to…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Bira Maker’s interest payouts delayed amid liquidity woes

Next News

InspeCity Bags $5.6 Mn To Build Satellite Servicing Solutions

The Economic Times

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