Amount Raised
$21 Million
Description
New Delhi: In what is possibly the largest venture capital funding into the defence sector, NewSpace Research & Technologies, a Bengaluru-based startup that specialises in drone technology has raised $21 million in a round led by Pavestone Technology Fund. The funding was raised at an undisclosed valuation. The startup aims to become a unicorn within the next five years.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech