Axirium Aerospace raises $3.5M seed funding

Axirium Aerospace raised $3.5 million in seed funding from Shastra VC, BEENEXT, and angels including Ashish Gupta and PVS Raju. Founded by ex-TASL engineers Nishant Khurana, Neeraj Agarwal, and Piyush Agarwal, the firm focuses on precision machining for aerospace OEMs. The funds will expand capacity and partnerships amid India’s aerospace parts market growth to $21.48 billion by 2030.