Key Facts
- SpaceFields has secured Rs 42 crore in a pre-Series A funding round led by Globaz Technologies, with Rockstud Capital and Venture Catalysts as co-lead investors.
- The Indian Institute of Science Bangalore-incubated startup will use the funding to increase manufacturing capacity, obtain regulatory approvals, and grow the team in engineering, operations, and business roles.
- Masook highlighted that the investment will speed up production, expand manufacturing to meet India’s strategic needs and global demand.
- Karan Wilkhoo, Director & Promoter of Globaz Technologies, stated that the partnership with Globaz in system integration and scale-up manufacturing would support India’s goal of greater technological independence and self-reliance.
SpaceFields has secured Rs 42 crore in a pre-Series A funding round led by Globaz Technologies, with Rockstud Capital and Venture Catalysts as co-lead investors.
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