• Bellatrix is one of India’s frontrunners in developing technology for in-space propulsion systems and orbital launch vehicles
• The company will use the investment to further develop and accelerate the market launch of its innovative propulsion systems and modern space transportation technologies

BENGALURU and MUMBIA, India and LUDWIGSHAFEN, Germany (BASF Venture Capital PR) — Bellatrix Aerospace Pvt. Ltd. is raising a Series A round led by BASF Venture Capital GmbH, the corporate venture company of BASF SE, and Inflexor Ventures LLP, an early stage deeptech/IP focused VC Fund. The round also includes participation from StartupXseed, Pavestone Capital, Mankind Pharma family office, Survam Partners, Karsemven Fund, and other prominent family offices and angel investors.