Agnikul has raised $11 million in a Series A round, led by Mayfield India, as the space technology startup races to build and launch its first rocket next year.

While others have used 3D printing to produce parts for rocket engines, no other company has used the additive manufacturing method to print an entire rocket engine in a single piece, it said. Manufacturing a rocket this way is also what will allow Agnikul to provide quick, cheap and reliable rides to small satellite manufacturers in lower earth orbit, and this makes the company’s approach very customer-centric, according to Vikram Godse, managing partner at Mayfield India. Agnikul was the winner in the top innovator category at the ET Startup Awards 2020.

Agnikul Raises $11 Million In Funding Led By Mayfield India

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Agnikul Raises $11 Million In Funding Led By Mayfield India

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