space innovation - Entrepreneur News Network

BAAS Technologies Raises ₹5 Crore to Build Indigenous Rocket Engines and Reusable Launch Vehicles

July 9, 2026 by Ruchi Kumar

Pune-based space technology startup BAAS Technologies has secured ₹5 crore (approximately US$580,000) in a pre-seed funding round led by Inflection Point Ventures (IPV). The investment round also saw participation from SINE IIT Bombay and a group of angel investors. The fresh capital will help the startup strengthen its rocket propulsion technology, expand engineering capabilities, and … Read more

Deep-tech startup Aule Space raises $2 Mn in pre-seed round

January 15, 2026 by Ruchi Kumar

Bengaluru, January 2026 — Aule Space, a deep-tech startup developing autonomous satellites capable of docking and servicing other spacecraft in orbit, has raised $2 million in a pre-seed funding round led by pi Ventures. The round also saw participation from a group of prominent angel investors, including Eash Sundaram, Arvind Lakshmikumar, and others. The company, … Read more

Xona Raises $92 Million to Redefine Satellite Navigation for the Modern Era

June 28, 2025 by Ruchi Kumar

Xona’s founding team at their headquarters in Burlingame, CA

Xona, the company pioneering a new era of satellite navigation, has announced $92 million in new funding, bringing its total capital raised to $150 million. The latest Series B round was led by Craft Ventures and included participation from Stellar Ventures, Seraphim Ventures, Toyota Ventures, First Spark, Industrious Ventures, Future Ventures, and NGP Capital. Additionally, … Read more