What is Skyroot Aerospace?
Headquartered in Hyderabad, Skyroot Aerospace is an Indian private aerospace company dedicated to the design and manufacture of advanced launch vehicles. Founded by former space scientists and engineers, the firm focuses on making space access more affordable, reliable, and accessible through innovative propulsion systems and satellite launch solutions. By leveraging indigenous technology and research, Skyroot is a critical contributor to the expansion of India’s private space ecosystem, providing commercial space missions that cater to the increasing global demand for small satellite deployment.
How much funding has Skyroot Aerospace raised?
Skyroot Aerospace has raised a total of $155.5M across 6 funding rounds:
Angel/Seed
$1.5M
Series A
$11M
Debt
$4.5M
Series B
$51M
Other Financing Round
$27.5M
Other Financing Round
$60M
Angel/Seed (2018): $1.5M with participation from Mukesh Bansal
Series A (2021): $11M led by Mahesh Kolli, WorldQuant, Mukesh Bansal, Anil Kumar Chalamalasetty, Neeraj Arora, and Graph Ventures
Debt (2022): $4.5M supported by Sherpalo
Series B (2022): $51M featuring GIC, Wami Capital, Solar Industries India, and Myntra
Other Financing Round (2023): $27.5M backed by Temasek
Other Financing Round (2026): $60M with participation from BlackRock, Arkam Ventures, Sherpalo, and GIC
Key Investors in Skyroot Aerospace
BlackRock
BlackRock is a global investment management firm providing investment, risk management, and advisory services to institutional and individual clients across diverse asset classes.
GIC
GIC is a sovereign wealth fund established in 1981 to manage Singapore's foreign reserves by investing across a range of public and private market asset classes.
Temasek
Temasek is a global investment company headquartered in Singapore that operates as a generational investor with a long-term focus on sustainable growth.
What's next for Skyroot Aerospace?
With the infusion of this latest capital, Skyroot Aerospace is poised to scale its manufacturing capacity and refine its launch vehicle architecture. The strategic focus will likely shift toward increasing the frequency of commercial missions and enhancing the reliability of its propulsion systems to meet international standards. As the company matures, it will continue to play a pivotal role in the global space economy, potentially expanding its footprint in the commercial satellite market while maintaining its commitment to rapid, cost-effective space exploration.
See full Skyroot Aerospace company page
