IIT-Bombay-incubated space-tech startup InspeCity has raised Rs 100 crore, or approximately $10.5 million, in a pre-Series A funding round led jointly by Speciale Invest and investor Ashish Kacholia. Antler Elevate, Antler India, Manish Gandhi and Shastra VC also participated in the round.
The Mumbai-based company plans to use the new capital for flight qualification of its technologies and to scale its commercial activities. The funding comes as InspeCity prepares to move from technology development and testing towards a series of in-orbit missions.
A Larger Funding Round Builds on Earlier Backing
The latest fundraise follows InspeCity’s $5.6 million seed round announced in May 2025. That round was led by Ashish Kacholia, with participation from Speciale Invest, Shastra VC, Antler India, DeVC, MGF-Kavachh and Anicut Capital. The company had earlier raised $1.5 million in a pre-seed round in April 2023, led by Speciale Invest.
The successive rounds have supported the development of InspeCity’s technologies for satellite life extension and in-space servicing. The company is now preparing to qualify those systems for use in space.
Building Technology to Keep Satellites Working Longer
Founded in 2022, InspeCity is developing technologies for in-space servicing, assembly and manufacturing, commonly referred to as ISAM. Its focus includes extending satellite lifespans and addressing challenges associated with space debris.
At the centre of its technology roadmap is VEDA, or Vehicle for Life-Extension and Deorbiting Activities. The autonomous in-space servicing architecture is designed to extend satellite lifetimes and progressively support more advanced orbital servicing activities.
InspeCity has divided the capabilities required for autonomous satellite servicing into several technology platforms. GITA, or Green Impulse TrAnsmitter, focuses on spacecraft propulsion and mobility. CHAKSU, or Comprehensive AI-enabled satellite-tracking Sensor Unit, is designed for sensing, navigation and proximity operations.
RAMA, or Remotely Actuated Motorized Arm, provides robotic manipulation capabilities, while SPARSH, or Self-aligning Port for Autonomous Refueling and Satellite Housekeeping, is being developed for cooperative docking and in-orbit propellant transfer.
Together, these technologies form the foundation for a broader set of orbital platforms, including RIG, or Remote Inspection and Guidance, VEDA and SAMA, or Space-Based Maintenance Asset.
Four Missions Planned Over the Next 12 to 18 Months
InspeCity plans to undertake four in-orbit missions over the next 12 to 18 months under its RIG-X, VEDA-X and SAMA-X roadmap. The missions are expected to progressively validate the company’s propulsion, sensing, autonomous operations, robotics, docking and refuelling capabilities in space.
The planned missions represent an important step in the company’s development as it works to demonstrate an integrated in-space servicing architecture rather than testing individual technologies separately.
InspeCity Joins a Growing Space-Tech Funding Wave
The funding adds to a growing list of Indian space-tech companies that have attracted significant private capital. Skyroot Aerospace has raised $50 million in a Series C round, while EtherealX and Bellatrix Aerospace have raised $21 million and $20 million, respectively, in Series A rounds.
Digantara raised $50 million in a Series B round in December 2025, while Agnikul Cosmos raised Rs 150 crore in a Series C round in November 2025.
Other Indian space companies, including Dhruva Space, GalaxEye and Pixxel, are also developing technologies across satellite infrastructure, earth observation and space-data applications.
For InspeCity, the latest Rs 100 crore round provides capital for the next stage of its roadmap, with flight qualification and the planned in-orbit missions now at the centre of its expansion plans.
Also Read: OORJAA Raises Rs 9.7 Crore in Series A Round Led by Equentis Angel Fund
