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# Indian space propulsion startup Bellatrix raises $8 million in funding
- URL: https://www.techloy.com/indian-space-propulsion-startup-bellatrix-raises-8-million-fund/
- Published: 2022-06-02T10:52:17.000Z
- Updated: 2022-12-08T01:04:28.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Space Tech, Tech in India

[Bellatrix,](https://bellatrix.aero/) an in-space propulsion firm based in India has raised $8 million in its new funding round led by BASF Venture Capital GmbH and Inflexor Ventures. 

- The funds will be used to support its 4-thruster modules scheduled for the year-end and scale its space transportation technology.
- The firm will also hire new talents, build out new products, and develop its infrastructure for space products.
- Launched in 2015, Bellatrix offers chemical and electric propulsion technologies.
- StartupXseed, Pavestone Capital, Survam Partners, Karsemven Fund, and the Mankind Pharma family office among others participated in the round.