Bengaluru-based deeptech startup SpaceFields has raised $5 million (approximately ₹42 crore) in a pre-Series A funding round led by Globaz Technologies, with participation from Rockstud Capital, Venture Catalysts, Nithin Kamath’s Rainmatter, Burla Angel Network, Faad Capital, SIDBI, O2 Angels, and MeitY Startup Hub.

The startup, founded in 2021 by Apurwa Masook, Rounak Agrawal, and Sudarshan Samal, develops rocket propulsion systems for defence and aerospace applications, including solid-fuel powered propulsion systems for UAVs, rockets, and spacecraft. SpaceFields has already secured four defence contracts under the Ministry of Defence’s iDEX initiative and holds patents for four indigenously developed propulsion technologies.

The latest funding will enable SpaceFields to scale manufacturing, secure key regulatory certifications, and expand its team across engineering, operations, and business functions.

As part of the partnership, SpaceFields and Globaz Technologies will collaborate to develop critical, sovereign, dual-use technologies, reinforcing India’s defence and aerospace value chain. Globaz, headquartered in Delhi NCR, specializes in design, manufacturing, assembly, and testing of aerospace and defence electronics.

CXO TechBOT applauds SpaceFields’ vision and wishes the team success in advancing India’s strategic aerospace and defence capabilities.