PE-VC Fund Investments
Space-tech startup Manastu raises $3-M led by Capital-A
Mumbai-based space-tech startup Manastu Space has raised USD 3 million in a round led by venture capital firm Capital-A. Existing investors Capital 2B, Indian Angel Network (IAN), E2MC also participated in the funding round.Manastu Space is focused on developing sustainable and efficient propulsion systems for satellites and other spacecraft. The firm is known for its green propulsion technology, which uses a proprietary hydrogen peroxide-based fuel and aims to replace traditional, toxic propellants like hydrazine.
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