Space-tech startup Omspace raises $3 Mn in pre-seed round

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Omspace Rocket and Exploration, an Indian space-tech startup incubated at CrAdLE (Centre for Advancing & Launching Enterprises), has raised $3 million in a pre-seed funding round from a Family Office and an Angel Investor.

The proceeds will be utilized to finalise and begin test launches of the Infinity One prototype, expand its  research & development team, and hire specialised talent  and strengthen manufacturing infrastructure…



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Space-tech startup Omspace raises $3 Mn in pre-seed round


Omspace Rocket and Exploration, an Indian space-tech startup incubated at CrAdLE (Centre for Advancing & Launching Enterprises), has raised $3 million in a pre-seed funding round from a Family Office and an Angel Investor.

The proceeds will be utilized to finalise and begin test launches of the Infinity One prototype, expand its  research & development team, and hire specialised talent  and strengthen manufacturing infrastructure…



Source link

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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