Defence-tech startup Dream Aerospace raises Rs.3-Cr led by IPV

Chennai-based aerospace and defence startup Dream Aerospace has raised INR 3 crore in its pre-seed round led by Inflection Point Ventures (IPV).The startup will use the new funds to develop its ATOM thruster, validate its propulsion system, and establish an in-house high-altitude test facility.Founded in 2022 by Hari Krishnan KJ and Rogith S, Dream Aerospace plans to set up an in-house production facility with an annual capacity of 40–50 thrusters.