Series B Round

$12.0M Apr 17, 2025

Funding Details

Garuda Aerospace, a Chennai-based drone technology startup, has secured $12 million in a Series B funding round led by Venture Catalysts. This investment will enhance Garuda Aerospace's capabilities in producing advanced drone systems and drive innovation in the industry. The funds raised will be utilized for research and development, scaling production, and enhancing customer support services. This strategic funding is expected to significantly boost Garuda Aerospace's operational capabilities and market reach, solidifying its position in the rapidly growing drone market. The company aims to leverage this funding to expand its product offerings and enhance its technological advancements in drone applications across various sectors, including agriculture, logistics, and surveillance.

Valuation

Post-money: $250.0M

Confidence Score

Data extraction confidence: 90%

Participating Investors

Venture Catalysts (VCAT)

Venture Catalysts is an early-stage startup investment firm that aims to create the world's largest early-stage startup ecosystem by providing compreh...

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Other Data Sources

Exa Round Data

Apr 21, 2025

Exa Enrichment History

Fields Updated

amount stage currency announced_date description

Enrichment Details

Stage

Series B

Amount

12.0

Currency

USD

Announced Date

2025-04-17T10:32:54

Description

Garuda Ventures is focused on investing in B2B software companies.

Enrichment History

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