SpaceFields raises $5M Pre-Series A to advance rocket propulsion tech

Bengaluru deeptech startup SpaceFields raised $5M Pre-Series A led by Globaz Technologies, with Rockstud Capital and others. Founded by Apurwa Masook, Rounak Agrawal, and Sudarshan Samal, it builds rocket propulsion systems for defense and aerospace. Funds will scale manufacturing and teams. Backed by four iDEX contracts and four patents, SpaceFields strengthens India’s defense tech. Globaz’s Karan Wilkhoo calls it vital for India’s technological sovereignty.