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Agnikul raises $20 Mn funding from Rocketship.vc, valuation zooms 5X to $180 Mn

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Image Credit: daily hunt

Spacetech startup Agnikul, incubated at IIT Madras, has raised $20 Mn in its ongoing Series B round from Silicon Valley-based venture capital (VC) firm and existing investor Rocketship.vc, as per report. The VC firm marked the closure of its third fund with a corpus of $125 Mn in July, 2022. Agnikul is also in talks with various investors, including HNIs and family offices, for raising funds at part of its ongoing Series B round.