SpaceFields raises Rs 42 crore in pre-Series A funding led by Globaz Technologies for manufacturing and team expansion.

SpaceFields, an Indian startup incubated at the Indian Institute of Science Bangalore, secured Rs 42 crore in its pre-Series A funding round. The funds will be utilized to increase manufacturing capacity, obtain regulatory approvals, and grow the team.

Sources:
YourStory.com
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Sources: YourStory.com
SpaceFields, an Indian Institute of Science Bangalore-incubated startup, has raised ₹42 crore in a pre-Series A funding round led by Globaz Technologies.
The funding will be utilized to increase manufacturing capacity, obtain regulatory approvals, and expand the team in engineering, operations, and business roles.
Masook highlighted that the investment would speed up production and expand manufacturing to meet India’s strategic needs and global demand.
Karan Wilkhoo, Director & Promoter of Globaz Technologies, noted that this partnership supports India’s goal of greater technological independence and self-reliance.
Sources: YourStory.com
SpaceFields has raised ₹42 crore in a pre-Series A round led by Globaz Technologies, aiming to bolster manufacturing capacity and expand its team across engineering, operations, and business roles, according to the company. Rockstud Capital and Venture Catalysts participated as co-lead investors.
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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.YourStory.com
  • 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.YourStory.com
  • Masook highlighted that the investment will speed up production, expand manufacturing to meet India’s strategic needs and global demand.YourStory.com
  • 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.
YourStory.com
YourStory.com
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