TDK Ventures, Accel Set To Back India’s EtherealX In Reusable Launch Vehicle Push
EtherealX funding round nears $21M as global VCs back India’s reusable rocket ambitions and rising launch demand.
Matilda
TDK Ventures, Accel Set To Back India’s EtherealX In Reusable Launch Vehicle Push
EtherealX funding draws global attention to India’s launch ambitions EtherealX funding talks are heating up as the Indian spacetech startup edges closer to a major Series A raise that could reshape the country’s private launch sector. The Bengaluru-based company, formally known as Ethereal Exploration Guild, is reportedly securing around $21 million in fresh capital to accelerate development of its fully reusable launch vehicle. Backed by prominent global investors, the round reflects growing confidence in India’s ability to compete in the commercial space economy. For readers asking who is funding EtherealX, how much money is involved, and why it matters, the answer is simple: global venture capital sees real demand and credible technology. The funding also signals that India’s spacetech ecosystem is entering a more mature phase. Investors are now betting not just on vision, but on contracts and execution. That shift could have long-term implications for launch prices worldwide. Credit…
