Skyroot Aerospace

About

Skyroot Aerospace is an aerospace manufacturer and launch service provider developing launch vehicles for cost-effective access to space.

Hyderabad,Andhra Pradesh,India
101 - 250
https://skyroot.in

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $51M
Industries: Aerospace,Commercial,Space Travel,Transportation
Founded date: Jun 12, 2018
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Skyroot Aerospace Pvt Ltd.

Skyroot Aerospace is an aerospace manufacturer and launch service provider developing launch vehicles for cost-effective access to space. Skyroot builds technologies for responsive, reliable, and economic access to space. They envision a future where spaceflight is as regular, reliable, and affordable as air flight.

The company was founded in 2022 and is based in Hyderabad, India.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$68M ₹5M

Skyroot Aerospace has raised a total of $68M ₹5M in funding over 2 rounds. Their latest funding was raised on Sep 2, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 2, 2022	Series B	$51M	2	Waverly	—	Detail
Aug 4, 2022	Grant	₹5M	1	ANIC-ARISE	—	Detail
Jan 27, 2022	Convertable Note	$4.50M	4	Sherpalo Ventures Wami Capital	—	Detail
May 19, 2021	Series A	$11M	9	Anil Chalamalasetty Mahesh Kolli	—	Detail
Jul 1, 2018	Seed	$1.50M	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

15

Skyroot Aerospace is funded by 15 investors. Waverly and ANIC-ARISE are the most recent investors.

Investor Name	Lead Investor	Funding Round
Waverly	Yes	Series B
ANIC-ARISE	Yes	Grant
Sherpalo Ventures	Yes	Convertable Note
Wami Capital	Yes	Convertable Note
Anil Chalamalasetty	Yes	Series A
Mahesh Kolli	Yes	Series A
LNM India Internet Ventures	—	Series B
Amit Singhal	—	Convertable Note
Neeraj Arora	—	Convertable Note
Graph Ventures	—	Series A