SpaceFields
Overview
SpaceFields is an innovative deep-tech company specializing in solid rocket propulsion systems. Based in Bengaluru, India, the company was founded in 2021 by Apurwa Masook, Rounak Agrawal, and Sudarshan Samal. SpaceFields has successfully raised approximately $6.39 million in funding with its recent investment rounds. The company is gaining traction due to its cutting-edge projects aimed at transforming aerospace and defense technologies.
Recent Developments
- September 2025: SpaceFields raised $5 million in a Pre-Series A funding round led by Globaz Technologies, with participation from Rockstud Capital and Venture Catalysts. The funding is aimed at accelerating production and expanding manufacturing capabilities to meet strategic needs both locally and globally.
- January 2025: Achieved a significant milestone by successfully conducting a hot-firing test for the aerospike engine, marking substantial progress in propulsion technology development.
- February 2024: SpaceFields raised its first institutional funding round led by HVB88 Angels and O2 Angels Network, receiving widespread recognition within the Indian tech startup ecosystem.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2021 |
| Headquarters | Bengaluru, Karnataka, India |
| Founders | Apurwa Masook, Rounak Agrawal, Sudarshan Samal |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Globaz Technologies, Rockstud Capital, Venture Catalysts |
| Industry | Aerospace and Defense |
| Number of Employees | 20 (as of September 2025) |
Early History
SpaceFields was established in 2021 in response to the need for advanced propulsion technologies in the aerospace and defense industries. Founded by industry veterans Apurwa Masook, Rounak Agrawal, and Sudarshan Samal, the company grew out of initiatives supported by the Indian Institute of Science, Bengaluru. Early on, SpaceFields focused on solid propulsion systems, performing extensive research and development in energetics and chemical processes. The company initially operated in niche markets, providing bespoke propulsion systems tailored to client needs, enhancing its reputation for innovation and reliability.
Company Profile and Achievements
SpaceFields is renowned for developing dual-use rocket propulsion systems intended for both commercial spaceflight and national security applications.
- Started with seed funding and quickly gained reputation due to its proprietary propulsion technologies.
- Successfully conducted India's first AeroSpike engine test, marking a significant technological achievement.
- Filed ten patents, with five already granted, showcasing their commitment to innovation.
- Partnered with various defense and aerospace organizations to supply custom-built solid-fuel propulsion systems.
Current Operations and Market Position
Currently, SpaceFields is spearheading the advancement of solid propulsion systems within the aerospace sector. The company leverages indigenous technology to offer rapid assembly and integration services, catering to both state agencies and private enterprises.
- The company's strategic initiatives involve expanding production capabilities to meet both national and international market demands.
- Innovation focus lies rigorously on enhancing launch frequency and reliability.
- Partners with governmental bodies such as the Ministry of Defense in India, showcasing strong integration within national strategic objectives.
Conclusion
SpaceFields has swiftly positioned itself as a pivotal player in the aerospace and defense sector, specializing in rocket propulsion technology. With successful funding rounds and several strategic partnerships, SpaceFields is poised to enhance its technological offerings further. The company's impact on the industry is reflected in its commitment to innovation and growth, setting the stage for a significant transformation in the accessibility and usability of aerospace technologies in India and beyond.