Spacetech startup Inbound Aerospace raises $1 million in funding from Speciale Invest

Inbound Aerospace, a space technology startup incubated at IIT Madras, has raised a $1 million funding round led by venture capital firm Speciale Invest, with Mumbai-based asset management company Piper Serica participating.

Founded in 2025 by Aravind IB, Vishal Reddy, and retired navy captain Abhijit Bhutey, Inbound Aerospace is developing autonomous, reusable re-entry vehicles intended to deliver and return experiments between Earth and space.

The company says it will use the new capital to develop and test its spacecraft systems, advance research…