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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…
