Wednesday, 28 October 2026
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Parsec Aerospace in talks with Nexus Ventures, others to raise $10-M

Source Inc42 (opens in a new tab)

Bengaluru-based Parsec Aerospace is in talks to raise about USD 10-M in a new funding round led by Nexus Venture Partners, with participation expected from existing investors, including Lightspeed Venture Partners.Founded in September 2025 by former Pixxel engineer Effy John, the company, currently in stealth mode, is engaged in the development of next-generation engines for aerospace applications.

Company website ↗ (opens in a new tab)