Tech Company Financing Transactions
EtherealX Funding Round
EtherealX closed a $5 million Seed venture capital round on 8/5/2024. Investors included YourNest Venture Capital, BIG Ventures and BlueHill Asset Management.
Transaction Overview
Company Name
Announced On
8/5/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The startup plans to use its fresh funds to kick off engine test firing in the next six months and set the pitch for its TDV launch in a couple of years.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Trifecta Adattao, 21, ITPL Main Road, Garudachar Palya, Maha
Bengaluru, Karnataka, 560048
India
Bengaluru, Karnataka, 560048
India
Phone
Undisclosed
Website
Email Address
Overview
At EtherealX, we design, develop, and build next-generation launch vehicles and spacecraft. The company was founded to significantly reduce space transportation costs, enable quick scientific growth, and foster civilizational progress.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Manu Nair
Chief Operating Officer
Shubhayu Sardar
Chief Technical Officer
Prashanth Sharma
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