Announced
Completed
Financials
Tags
Aerospace
Single Bidder
Friendly
Cross Border
Venture Capital
Private Equity
Private
Minority
Completed
India
aerospace manufacturer
Acquisition
Synopsis
Waverly, a subsidiary of GIC, led a $51m Series B round in Skyroot Aerospace, a space-tech startup. “This round puts us in a trajectory of hyper-growth by funding all of our initial launches, and enables building infrastructure to meet high launch cadence required by our satellite customers. Our goal is to become the best-in-class launch services provider and go-to destination for affordable and reliable small satellite launches,” Pawan Kumar Chandana, Skyroot Co-Founder and CEO.
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