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Dhruva space secures $15 million in series A funding for expansion
source link: https://nextbigwhat.com/dhruva-space-secures-15-million-in-series-a-funding-for-expansion/
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Dhruva space secures $15 million in series A funding for expansion
- Dhruva Space, a space tech startup, has raised $15 million in Series A funding from a consortium including Indian Angel Network Alpha Fund and Blue Ashva Capital.
- The funding round also comprises venture debts totaling Rs 24 crore from SIDBI and the Technology Development Board.
- The funds will be utilized for new spacecraft manufacturing facilities, strategic acquisitions, and enhancing product offerings.
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