When was Astrobase founded?

Astrobase was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is Astrobase located?

Astrobase is headquartered in Bengaluru, India. It is registered at RMZ latitude commercial, 10 flr, Bellary Rd Hebbal, Hebbal Kempapura, Bangalore, Bangalore North, Karnataka, India, 560024.

Which legal entities is Astrobase associated with?

Astrobase is associated with ASTROBASE SPACE TECHNOLOGIES PRIVATE LIMITED.

How many employees does Astrobase have?

As of May 01, 2026, the latest employee count at Astrobase is 51.

Is Astrobase a funded company?

Astrobase is a funded company, having raised a total of $10M across 4 funding rounds to date. The company's 1st funding round was a ₹***** Seed round, raised on Feb 24, 2025.

How much is Astrobase worth?

The latest valuation of Astrobase is ₹***** as of Apr 28, 2025.

When was the latest funding round of Astrobase?

Astrobase's latest funding was a $***** Grant (prize money) round on Jun 11, 2026, with participation from 1 investor.

What is the annual revenue of Astrobase?

Annual revenue of Astrobase is less than ₹10 Cr as on Mar 31, 2025

Where does Astrobase rank among its competitors?

Astrobase ranks 15th amongst 74 active competitors, of which 21 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was PLD Space, which secured $34.6M in Apr, 2026.

Who are the top competitors of Astrobase?

Astrobase's top competitors include SpaceX, Rocket Lab and Relativity Space. Among them, Astrobase secured the most recent funding round in June, 2026.

Astrobase - 2026 Company Profile, Team, Funding, Competitors & Financials

Astrobase is a seed company based in Bengaluru (India), founded in 2024 by Neeraj Khandelwal and Devakumar Thammisetty. It operates as a Developer of advanced rocket propulsion systems and space launch infrastructure. Astrobase has raised $10M in funding from Angel List and Banyan, with a current valuation of ₹*****. The company has 74 active competitors, including 21 funded and 3 that have exited. Its top competitors include companies like SpaceX, Rocket Lab and Relativity Space.

Company Details

Developer of advanced rocket propulsion systems and space launch infrastructure. It focuses on designing, manufacturing, assembling, and testing rocket engines and critical flight hardware. Its offerings include the EVEREST full-flow staged combustion (FFSC) rocket engine, cryogenic engine test facilities, propulsion subsystem testing, and integrated rocket production infrastructure. It aims to strengthen domestic launch capabilities through vertically integrated manufacturing, high-thrust engine development, and infrastructure for rocket testing and future orbital launch operations.

Website: www.astrobase.in/
Social
Email ID: *****@astrobase.in
Registered Address: RMZ latitude commercial, 10 flr, Bellary Rd Hebbal, Hebbal Kempapura, Bangalore, Bangalore North, Karnataka, India, 560024

Key Metrics

Founded Year

2024

Location

Bengaluru, India

Stage

Seed

Total Funding

$10M in 4 rounds

Latest Funding Round

Grant (prize money), Jun 11, 2026, $*****

Post Money Valuation

₹***** as on Apr 28, 2025

Investors

Angel List & 6 more

Ranked

15^th among 74 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

51 as on May 01, 2026

Similar Companies

Spacetai & 1 more

View Astrobase's full profile

Astrobase is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ASTROBASE SPACE TECHNOLOGIES PRIVATE LIMITED CIN: U51202KA2024PTC190411 , India, Active	Jul 01, 2024	0 - ₹10 Cr (As on Mar 31, 2025)	51 (As on May 01, 2026)

Astrobase has raised a total funding of $10M over 4 rounds. Its first funding round was on Feb 24, 2025. Its latest funding round was a Grant (prize money) round on Jun 11, 2026 for $*****. 1 investor participated in its latest round. Astrobase has 2 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Astrobase:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 11, 2026	2016443	Grant (prize money)	4212252	6681348	1072681	8001889
Apr 18, 2025	7066445	Seed	4807379	6105876	3030388	3828581
Mar 03, 2025	9679846	Angel	2403545	8751611	Sumit Gupta	3074129

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View details of Astrobase's funding rounds and investors

The founders of Astrobase are Neeraj Khandelwal and Devakumar Thammisetty.

Here are the details of Astrobase's key team members:

Neeraj Khandelwal: Co-Founder of Astrobase and founder of 1 other company.
Contact Info: 1 email address
Devakumar Thammisetty: Co-Founder of Astrobase.

Astrobase's Board of Directors

Astrobase's board has 2 active members. Shaunak Das and Devakumar Thammisetty are part of team.

Here is the list of Astrobase's board of directors:

Name	Type	Representing	Status	Duration
Shaunak Das	Team	-	Current	2y 1m
Devakumar Thammisetty	Team	-	Current	2y 1m

View details of Astrobase's Founder profiles and Board Members

Astrobase's employee count trend

Astrobase has 51 employees as of May 26. Here is Astrobase's employee count trend over the years:

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Top competitors of Astrobase include SpaceX, Rocket Lab and Relativity Space. Here is the list of Top 10 competitors of Astrobase, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SpaceX 2002, Hawthorne (United States), Public	Provider of advanced aerospace and space transportation services	$11.9B	Fidelity Investments, Baillie Gifford & 268 others	81/100
2nd	Rocket Lab 2006, Long Beach (United States), Public	Provider of launch services, spacecraft design, manufacturing, satellite components, and software	$288M	Bessemer Venture Partners, DCVC & 19 others	69/100
3rd	Relativity Space 2015, Inglewood (United States), Series E	Provider of AI-powered 3D printed launch vehicles for small payloads	$1.34B	Fidelity Investments, Bond Capital & 76 others	65/100
4th	The Exploration 2021, Planegg (Germany), Series B	Developer of reusable space vehicles for cargo transport to space stations	$210M	EQT, Balderton Capital & 25 others	63/100
5th	EtherealX 2022, Bengaluru (India), Series A	Developer of reusable medium-lift launch vehicles and related propulsion systems	$28.3M	Big Capital, YourNest & 24 others	61/100
6th	PLD Space 2011, Elche (Spain), Series C	Provider of reusable launch vehicles for small payloads	$348M	Arcano Partners, Aciturri & 20 others	60/100
7th	Stoke 2019, Kent (United States), Series D	Manufacturer of reusable launch vehicles	$1.34B	MaC Venture Capital, NFX & 43 others	60/100
8th	Blue Origin 2000, Kent (United States), Funding Raised	Manufacturer of reusable launch vehicles for large payloads	-	NASA	57/100
9th	Orbex 2015, Forres (United Kingdom), Deadpooled	Developer of launch system for small satellites	$158M	HTGF, Octopus Ventures & 31 others	56/100
10th	Orienspace 2020, Beijing (China), Series B	Developer of launch vehicles and related engines for space access	$144M	Xinding Capital, Aplus Capital & 17 others	55/100
15th	Astrobase 2024, Bengaluru (India), Seed	Developer of advanced rocket propulsion systems and space launch infrastructure	$10M	Banyan, Angel List & 5 others	50/100

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Founders (largest shareholder) own 75.02%, Funds own 10.57%, Angels own 0.25% and Other People own 4.17%. The net worth of Astrobase's founders is INR 467Cr as of Apr 28, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	75.02%	467Cr	1340235	3898817	5232266	7967716
Neeraj Khandelwal	7383368	1004072	1234719	4543850	5136841	8206957
Fund	10.57%	65.8Cr	3878618	1322615	3539194	6822906
Banyan	5073380	7476240	9901847	6352345	8409114	2102163
Angel List	0	0	0	0	0	0
Angel	0.25%	1.57Cr	0	0	0	0
Ravish Naresh	0	0	0	0	0	0
Other People	4.17%	26Cr	8920	3332	9568	8234
ESOP Pool	10.00%	62.2Cr	2492742	5495737	8833724	7151589
Total	100.00%	623Cr	3399172	9447820	4293517	5805900