Deeptech startup SpaceFields raises $5 million from Globaz Technologies, others

, By The Economic Times
Funding

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Deeptech startup SpaceFields has raised $5 million in a funding round co-led by Globaz Technologies Pvt. Ltd, Rockstud Capital and Venture Catalysts.

The round also saw Nithin Kamath’s Rainmatter, Burla Angel Network, Faad Capital, Sidbi, O2 Angels, and Meity Startup Hub, among others, participate.

The company said it will use the funds to scale up manufacturing, secure key regulatory certifications, and expand its engineering, operations, and other teams.

The startup had raised about $1.3 million in seed funding last year.

Founded in 2021 by Apurwa…



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Deeptech startup SpaceFields raises $5 million from Globaz Technologies, others

, Published By The Economic Times
Funding



Deeptech startup SpaceFields has raised $5 million in a funding round co-led by Globaz Technologies Pvt. Ltd, Rockstud Capital and Venture Catalysts.

The round also saw Nithin Kamath’s Rainmatter, Burla Angel Network, Faad Capital, Sidbi, O2 Angels, and Meity Startup Hub, among others, participate.

The company said it will use the funds to scale up manufacturing, secure key regulatory certifications, and expand its engineering, operations, and other teams.

The startup had raised about $1.3 million in seed funding last year.

Founded in 2021 by Apurwa…



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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Google picks 20 AI startups for accelerator programme in India
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