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 ₹1.42Cr as on Mar 31, 2025.

Where does SpaceFields rank among its competitors?

SpaceFields ranks 9th amongst 114 active competitors, of which 29 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Ursa Major, which secured $100M in Nov, 2025.

Who are the top competitors of SpaceFields?

SpaceFields' top competitors include Avio, Ursa Major and Manastu Space. Among them, Ursa Major secured the most recent funding round in November, 2025.

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

SpaceFields is a seed company based in Bengaluru (India), founded in 2021 by Rounak Agrawal. 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 114 active competitors, including 29 funded and 5 that have exited. Its top competitors include companies like Avio, Ursa Major and Manastu Space.

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 & 124 more

Ranked

9^th among 114 active competitors

Annual Revenue

₹1.42Cr as on Mar 31, 2025

Employee Count

20 as on Aug 31, 2025

Similar Companies

Avio & 129 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	$168K (As on Mar 31, 2025)	20 (As on Aug 01, 2025)

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 36 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	5735592	Seed	3497616	4017747	7091260	5238305
Jul 14, 2025	9274772	Seed	8264829	4935891	7051424	Jamwant Ventures & 11 more
Nov 01, 2024	6864097	Seed	3745751	7748096	KIIT Technology Business Incubator	7659828

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View details of SpaceFields's funding rounds and investors

The founders of SpaceFields is Rounak Agrawal. Apurwa Masook is the CEO of SpaceFields.

Here are the details of SpaceFields' key team members:

Rounak Agrawal: Founder & Coo 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, Ursa Major and Manastu Space. 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	Ursa Major 2015, Berthoud (United States), Series E	Provider of turnkey propulsion solutions for a wide range of vehicles	$497M	BlackRock, Eclipse & 24 others	60/100
3rd	Manastu Space 2017, Mumbai (India), Series A	Developer of green propulsion systems and debris collision avoidance technology	$6.71M	Nami Capital, Ayodhya Finlease & 86 others	59/100
4th	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	59/100
5th	X-Bow Systems 2016, Albuquerque (United States), Series B	Manufacturer of solid rocket motors and provider of flight services	$157M	Razor's Edge Ventures, Lockheed Martin & 10 others	59/100
6th	Bellatrix Aerospace 2015, Bengaluru (India), Series A	Developer of satellite propulsion systems including electric, green, and nano thrusters	$12.5M	Parampara Capital, Inflexor & 29 others	58/100
7th	Dawn Aerospace 2017, Christchurch (New Zealand), Series A	Developer of propulsion systems for satellites, spaceplanes, and orbital transfer	$22.3M	Movac, Tuhua Ventures & 12 others	57/100
8th	Frontier Aerospace 2014, Thousand Oaks (United States), Series A	Developer of advanced rocket propulsion systems and booster rocket engine components	$15.5M	AEI HorizonX, AMPAC	56/100
9th	SpaceFields 2021, Bengaluru (India), Seed	Developer of custom solid propulsion systems for aerospace and defense	$6.71M	Samarthya Investment Advisors, Venture Catalysts ... & 123 others	60/100
10th	Letara 2020, Sapporo (Japan), Seed	Developer of hybrid propulsion systems using plastic as rocket fuel	$15.8M	Hokkaido Venture Capital, SBI Investment ... & 14 others	53/100

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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	3805615	3552052	3951302	6010538
Fund	20.26%	32.7Cr	8028085	9395702	2303777	3813087
Rockstud Capital	63	47	95	80	90	55
SiriusOne	19	46	37	20	12	91
Venture Catalysts	5	1	3	6	6	2
Jamwant Ventures	6	4	7	5	1	6
AIC GUSEC	0	0	0	0	0	0
KIIT Technology Business Incubator	0	0	0	0	0	0
Enterprise	9.06%	14.6Cr	5443060	2823489	6543467	9585032
Angel	8.03%	13Cr	9447125	3527706	9096289	5297668
Abhishek Rungta	0	0	0	0	0	0
Total	100.00%	161Cr	9272418	2841045	6613305	1893983