Thrustworks Dynetics raises seed round led by Jamwant Ventures

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Thrustworks Dynetics, a propulsion systems company that designs and develops advanced rocket engine systems and subsystems for commercialisation, has raised Rs 7 crore in a seed funding round led by Jamwant Ventures along with participation from  Piper Serica, SINE-IIT Bombay, and other investors.

The proceeds will be utilized to scale the Integrated Rocket Facility, enhance R&D in advanced propulsion systems, and expand testing capabilities to meet the growing global demand for commercial space access, Thrustworks Dynetics said in a press release.



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Thrustworks Dynetics raises seed round led by Jamwant Ventures


Thrustworks Dynetics, a propulsion systems company that designs and develops advanced rocket engine systems and subsystems for commercialisation, has raised Rs 7 crore in a seed funding round led by Jamwant Ventures along with participation from  Piper Serica, SINE-IIT Bombay, and other investors.

The proceeds will be utilized to scale the Integrated Rocket Facility, enhance R&D in advanced propulsion systems, and expand testing capabilities to meet the growing global demand for commercial space access, Thrustworks Dynetics said in a press release.



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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