PE-VC Fund Investments
Space-tech co. EtherealX raises $20-M from BlueHill VC, others
Bengaluru-based space-tech startup EtherealX has attracted USD 20 million round from existing investor BlueHill VC (which is investing about USD 3 million) and other investors.Founded in 2022 by Manu J. Nair, Shubhayu Sardar, and Prashant Sharma, EtherealX designs and builds advanced launch vehicles and spacecraft with high payload capacity. The company claims to develop fully reusable rockets under its flagship product, Razor Crest Mk-1.
Between Jun 2023 and Jun 2024, EtherealX had attracted about USD 5 M from BlueHill Capital, Campus Fund, Golden Sparrow Ventures, YourNest, Riceberg Ventures and others.
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