What is Skyroot Aerospace?
Founded in 2018 and headquartered in Telangana, India, Skyroot Aerospace is at the forefront of the new space age, developing responsive, reliable, and economic transportation systems from Earth to Space. The company's vision is to make spaceflight as routine, reliable, and affordable as air travel. Skyroot is actively building the foundational technologies required to achieve this ambitious goal, positioning itself as a key player in the global space economy.
How much funding has Skyroot Aerospace raised?
Skyroot Aerospace has raised a total of $155.5M across 5 funding rounds:
Angel/Seed
$1.5M
Series A
$11M
Debt
$4.5M
Series B
$51M
Other Financing Round
$27.5M
Angel/Seed (2018): $1.5M with participation from Mukesh Bansal
Series A (2021): $11M led by Mahesh Kolli, Anil Kumar Chalamalasetty, Neeraj Arora, Mukesh Bansal, Graph Ventures, and WorldQuant
Debt (2022): $4.5M supported by Sherpalo
Series B (2022): $51M featuring GIC, Wami Capital, Solar Industries India, and Myntra
Other Financing Round (2023): $27.5M backed by Temasek
Key Investors in Skyroot Aerospace
GIC
GIC is a Singaporean sovereign wealth fund established in 1981, managing the nation's foreign reserves through diverse investments in public and private markets to ensure long-term financial security.
Solar Industries India
Solar Industries India, based in Nagpur, is a prominent manufacturer and distributor of industrial explosives, playing a key role in various industrial sectors.
Temasek
Temasek is a global investment company headquartered in Singapore, founded in 1974, operating as a generational investor focused on making a positive impact with a long-term perspective.
What's next for Skyroot Aerospace?
With substantial enterprise-level funding and a recent strategic investment, Skyroot Aerospace is poised for accelerated growth and technological advancement. The company's trajectory suggests a focus on scaling its operations, further developing its launch vehicle technologies, and potentially expanding its market reach. This sustained financial backing is critical for achieving its long-term objective of democratizing space access and establishing a new era of spaceflight.
See full Skyroot Aerospace company page
