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[Update] Agnikul Raises $17 Mn At $500 Mn Valuation

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SUMMARY

Agnikul has secured $17 Mn (about INR 150 Cr) at a valuation of $500 Mn

The startup plans to use the capital for scaling production units of aerospace and rocket components and advancing its stage-recovery programme

Also, some of the funds will be used to strengthen its reusable launch architecture, with an aim of making it the world’s first recoverable small-satellite launch vehicle

Update | November 22, 12:58 IST

Spacetech startup Agnikul Cosmos has secured $17 Mn (about INR 150 Cr) from Advenza Global, Artha…

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