When was SpaceFields founded?

SpaceFields was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is SpaceFields located?

SpaceFields is headquartered in Bengaluru, India. It is registered at Premises No.2, 1st Floor, No 160-B, 3rd Main road, Industrial Town, Rajajinagar, Bangalore, Rajajinagar, Bangalore, Bangalore North, Karnataka, India, 560010.

Which legal entities is SpaceFields associated with?

SpaceFields is associated with SPACEFIELDS PRIVATE LIMITED.

How many employees does SpaceFields have?

As of Aug 31, 2025, the latest employee count at SpaceFields is 20.

Is SpaceFields a funded company?

SpaceFields is a funded company, having raised a total of $6.71M across 13 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 12, 2022.

How much is SpaceFields worth?

The latest valuation of SpaceFields is $***** as of Nov 06, 2025.

When was the latest funding round of SpaceFields?

SpaceFields' latest funding was a $***** Seed round on Sep 19, 2025, with participation from 51 investors.

What is the annual revenue of SpaceFields?

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

Where does SpaceFields rank among its competitors?

SpaceFields ranks 2nd amongst 123 active competitors, of which 33 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was GATE Space, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of SpaceFields?

SpaceFields' top competitors include Avio, X-Bow Systems and Ursa Major. Among them, GATE Space secured the most recent funding round in June, 2026.

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

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: Premises No.2, 1st Floor, No 160-B, 3rd Main road, Industrial Town, Rajajinagar, Bangalore, Rajajinagar, Bangalore, Bangalore North, Karnataka, India, 560010

Key Metrics

Founded Year

2021

Location

Bengaluru, India

Stage

Seed

Total Funding

$6.71M in 13 rounds

Latest Funding Round

Seed, Sep 19, 2025, $*****

Post Money Valuation

$***** as on Nov 06, 2025

Investors

SiriusOne & 125 more

Ranked

2^nd among 123 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

20 as on Aug 31, 2025

Similar Companies

Avio & 138 more

View SpaceFields' full profile

SpaceFields is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPACEFIELDS PRIVATE LIMITED CIN: U35999KA2021PTC152190 , India, Active	Sep 23, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	39 (As on Apr 01, 2026)

SpaceFields has raised a total funding of $6.71M over 13 rounds. Its first funding round was on May 12, 2022. Its latest funding round was a Seed round on Sep 19, 2025 for $*****. 51 investors participated in its latest round. SpaceFields has 37 institutional investors and 89 angel investors.

Here is the list of recent funding rounds of SpaceFields:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 19, 2025	4946184	Seed	8251777	9362450	8925602	4858586
Jul 14, 2025	1704111	Seed	9893438	7002642	3188054	Jamwant Ventures & 11 more
Nov 01, 2024	3095476	Seed	9661971	9491778	KIIT-TBI	5949885

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View details of SpaceFields's funding rounds and investors

The 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.
Apurwa Masook: Co-Founder & CEO of SpaceFields.
Sudarshan Samal: Co-Founder & CTO of SpaceFields.

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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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:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Avio 1912, Colleferro (Italy), Public	Developer of space propulsion components and systems	$19.8M	ATP Private Equity Partners, HarbourVest Partners ... & 2 others	63/100
2nd	SpaceFields 2021, Bengaluru (India), Seed	Developer of custom solid propulsion systems for aerospace and defense	$6.71M	SIDBI, Boeing & 124 others	60/100
3rd	X-Bow Systems 2016, Albuquerque (United States), Series B	Manufacturer of solid rocket motors and provider of flight services	$157M	Razor's Edge Ventures, Crosslink Capital ... & 10 others	60/100
4th	Ursa Major 2015, Berthoud (United States), Series E	Provider of turnkey propulsion solutions for a wide range of vehicles	$497M	BlackRock, Eclipse & 25 others	60/100
5th	Manastu Space 2017, Mumbai (India), Series A	Developer of green propulsion systems and debris collision avoidance technology	$6.71M	Nami Capital, Ayodhya Finlease & 87 others	60/100
6th	Arkadia Space 2020, Castellon de la Plana (Spain), Series A	Developer of green propulsion systems and thrusters for space vehicles	$16.9M	DraperB1, Expansion Ventures & 2 others	59/100
7th	Dawn Aerospace 2017, Christchurch (New Zealand), Series B	Developer of propulsion systems for satellites, spaceplanes, and orbital transfer	$47.3M	Movac, Tuhua Ventures & 12 others	58/100
8th	Phase Four 2015, Pasadena (United States), Series C	Manufacturer of propulsion systems for space applications	$43.6M	Alsop Louie Partners, New Science Ventures ... & 10 others	56/100
9th	Bellatrix Aerospace 2015, Bengaluru (India), Series A	Provider of advanced satellite propulsion and in-space mobility solutions	$34.4M	Parampara Capital, Inflexor & 37 others	56/100
10th	GATE Space 2022, Vienna (Austria), Series A	Developer of chemical propulsion systems for satellites, capsules, and landing vehicles	$7.72M	Techstars, European Innovation Council & 2 others	54/100

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Founders (largest shareholder) own 62.65%, Funds own 20.26%, Enterprises own 9.06% and Angels own 8.03%. The net worth of SpaceFields's founders is INR 101Cr as of Nov 06, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	62.65%	101Cr	1000938	4470094	4346166	6893269
Fund	20.26%	32.7Cr	8508490	2560522	5819418	3444940
Rockstud Capital	53	34	64	43	96	94
SiriusOne	39	48	29	93	10	33
Venture Catalysts	5	8	2	1	2	1
Jamwant Ventures	5	5	4	5	8	4
AIC GUSEC	0	0	0	0	0	0
KIIT-TBI	0	0	0	0	0	0
Enterprise	9.06%	14.6Cr	4933613	7483644	4093448	7012117
Angel	8.03%	13Cr	2504159	8542385	6950950	8958985
Abhishek Rungta	0	0	0	0	0	0
Total	100.00%	161Cr	8257755	6550597	9117276	3187596