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Agnikul Raises $11 Million In Funding Led By Mayfield India

Agnikul Raises $11 Million In Funding Led By Mayfield India

05/19/21, 7:15 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgchennai
Money raised
$11 million
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.

Company Info

Company
Agnikul
Location
chennai, tamil nadu, india
Additional Info
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.