SpaceFields - About the company
SpaceFields is a seed company based in Bengaluru (India), founded in 2021 by Rounak Agrawal, Apurwa Masook and Sudarshan Samal. It operates as a Developer of custom solid propulsion systems for aerospace and defense. SpaceFields has raised $6.71M in funding from investors like SiriusOne, AIC GUSEC and Nepra, with a current valuation of $*****. The company has 122 active competitors, including 32 funded and 5 that have exited. Its top competitors include companies like Avio, X-Bow Systems and Ursa Major.
Company Details
Developer of custom solid propulsion systems for aerospace and defense. The company specializes in designing and developing mission-critical solid-fuel systems. It provides solutions for powering next-generation aerospace and defense platforms. The company focuses on high-performance solid composite propellants and integrated propulsion systems and rocket motors. Research and development efforts concentrate on energetics and chemical processes.
- Website
- spacefields.in
- Social
- Email ID
- *****@spacefields.in
- Registered Address
- BUILDING NO-18, 2ND MAIN ROAD INDUSTRIAL TOWN, WEST OF CHORD ROAD, Rajajinagar, Bangalore, Bangalore North, Karnataka, India, 560010
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Seed
Total Funding
$6.71M in 14 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 06, 2025
Ranked
6th among 122 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
20 as on Aug 31, 2025
Legal entities associated with SpaceFields
SpaceFields is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SPACEFIELDS PRIVATE LIMITED CIN: U35999KA2021PTC152190 , India, Active | Sep 23, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | 39 (As on Apr 01, 2026) |
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SpaceFields's funding and investors
SpaceFields has raised a total funding of $6.71M over 14 rounds. Its latest funding round was a Seed round on Sep 19, 2025 for $*****. 51 investors participated in its latest round. SpaceFields has 38 institutional investors and 89 angel investors.
Here is the list of recent funding rounds of SpaceFields:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 19, 2025 | 5646467 | Seed | 3948962 | 2186307 | 6612682 | 9970407 |
Jul 14, 2025 | 1707325 | Seed | 5958453 | 1549955 | 3926256 | |
Nov 01, 2024 | 2489289 | Seed | 3838213 | 5701181 | 5307645 |
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SpaceFields' founders and board of directors
Founder? Claim ProfileThe founders of SpaceFields are Rounak Agrawal, Apurwa Masook and Sudarshan Samal. Apurwa Masook is the CEO of SpaceFields.
Here are the details of SpaceFields' key team members:
- Rounak Agrawal: Co-Founder & COO of SpaceFields. Contact Info: 1 email address
- Apurwa Masook: Co-Founder & CEO of SpaceFields. Contact Info: 1 email address
- Sudarshan Samal: Co-Founder & CTO of SpaceFields. Contact Info: 1 email address
View details of SpaceFields's Founder profiles and Board Members
SpaceFields' employee count trend
SpaceFields has 20 employees as of Aug 25. The total employee count is 25.0% more than what it was in Aug 24. Here is SpaceFields's employee count trend over the years:
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SpaceFields's Competitors and alternates
Top competitors of SpaceFields include Avio, X-Bow Systems and Ursa Major. Here is the list of Top 10 competitors of SpaceFields, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of space propulsion components and systems | $19.8M | 65/100 | ||
2nd |  X-Bow Systems 2016, Albuquerque (United States), Series B | Manufacturer of solid rocket motors and provider of flight services | $157M | 63/100 | |
3rd | Ursa Major 2015, Berthoud (United States), Series E | Provider of turnkey propulsion solutions for a wide range of vehicles | $497M | 62/100 | |
4th |  Arkadia Space 2020, Castellon de la Plana (Spain), Series A | Developer of green propulsion systems and thrusters for space vehicles | $16.9M | 62/100 | |
5th | Dawn Aerospace 2017, Christchurch (New Zealand), Series B | Developer of propulsion systems for satellites, spaceplanes, and orbital transfer | $47.3M | 61/100 | |
6th |  SpaceFields 2021, Bengaluru (India), Seed | Developer of custom solid propulsion systems for aerospace and defense | $6.71M | 59/100 | |
7th |  Manastu Space 2017, Mumbai (India), Series A | Developer of green propulsion systems and debris collision avoidance technology | $6.71M | 59/100 | |
8th |  Bellatrix Aerospace 2015, Bengaluru (India), Series A | Provider of advanced satellite propulsion and in-space mobility solutions | $35.9M | 56/100 | |
9th | GATE Space 2022, Vienna (Austria), Series A | Developer of chemical propulsion systems for satellites, capsules, and landing vehicles | $7.72M | 54/100 | |
10th |  Dream Aerospace 2022, Chennai (India), Seed | Developer of propulsion systems focused on green propellant technology for aerospace | $1.6M | 54/100 |
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SpaceFields's Investments and acquisitions
SpaceFields has made no investments or acquisitions yet.
Reports related to SpaceFields
Here is the latest report on SpaceFields's sector:
News related to SpaceFields
Media has covered SpaceFields for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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Corporates cool on deeptech investments due to longer time to marketThe Economic Times•Oct 25, 2025•Ezetap, Chara, Archean Chemical Industries, SpaceFields and 2 others
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SpaceFields Bags $5 Mn To Develop Rocket Propulsion SystemsStartupNews•Sep 19, 2025•SpaceFields, Rockstud Capital, Globaz Technologies, Venture Catalysts and 3 others
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Bangalore Start-Up SpaceFields Announces Successful Hot-Firing Of Ground Breaking Aerospike Solid Rocket EngineIndian Defense News•Jan 30, 2025•SpaceFields
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SpaceFields Achieves Milestone with Successful AeroSpike Engine Hot-Firinghttp://idrw.org•Jan 30, 2025•SpaceFields
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IISc-incubated Startup SpaceFields Hot-Tests India's 1st AeroSpike Rocket EngineIndianWeb2•Nov 09, 2024•SpaceFields
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Spacetech startup for propulsion systems Spacefields raises first institutional fundingIndiatimes•Feb 26, 2024•SpaceFields, Hvb88 angels, O2 Angels Network, VINNERS and 1 other
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It is to infinity and beyond for these Odisha rocket boys as they launch start-up in BengaluruEdex Live Media•Apr 12, 2022•SpaceFields
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