Tech Company Financing Transactions
Skyroot Aerospace Funding Round
Skyroot Aerospace, operating out of Hyderabad, Andhra Pradesh, secured $27.5 million in funding from Temasek.
Transaction Overview
Company Name
Announced On
10/30/2023
Transaction Type
Venture Equity
Amount
$27,500,000
Round
Series C
Investors
Temasek (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
Undisclosed
Hyderabad, Andhra Pradesh, Undisclosed
IN
Hyderabad, Andhra Pradesh, Undisclosed
IN
Phone
Undisclosed
Website
Email Address
Overview
As Earth to Space transportation remains expensive, access to Space has been limited to very few governments and enterprises. Yet Space has transformed our lives for decades through GPS, Satellite internet and television, weather prediction, disaster response, understanding the universe, and many others. At Skyroot, we are on a mission to open Space for all, by pushing the boundaries of today's technology. We are working towards a future where Space becomes part of our lives, and such a transition will transform humankind like never before.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Kishore Tallam
Co-Founder
Pawan Chandana
Co-Founder
Bharath Daka
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Where The Data Comes From
We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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