About VestaSpace Technology
VestaSpace Technology is an Aerospace, Defense & Maritime company based in Pune (India) founded in 2018. Small satellites are designed and manufactured for communication services. It operates in the Aerospace, Defense & Maritime and Technology sectors. VestaSpace Technology has raised $10 million across 1 funding round from investors including NextCapital. The company has 1 employees. Its focus areas include Aerospace, Maritime and Defense Tech, NewSpace, Space Services and Communication. Its legal entity in India is Vestaspace Technology Private Limited (U72900PN2019PTC187678).
Company details
VestaSpace Technology was founded in 2018 and is based in Pune, India. Operations are centered in the space technology sector, where satellite-based solutions and services are developed. Small-sized satellites are designed and manufactured, with specialization in satellite communication. Engineering expertise is applied to support various space-related applications across the region.
- Headquarters Pune, India
- Employees 1
- SectorsAerospace, Defense & MaritimeTechnology
- Website vestaspacetech.com
- Legal Name Vestaspace Technology Private Limited
- Date of Incorporation 08 Nov, 2019
- Jurisdiction Pune, Maharashtra, India
- Total Equity Funding$10M (USD)
in 1 rounds
- Latest Funding Round$10M (USD), Series A
May 2020
- Investors
- Employee Count1
Associated legal entities of VestaSpace Technology
VestaSpace Technology operates through Vestaspace Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vestaspace Technology Private Limited CIN U72900PN2019PTC187678 | Active | 08 Nov 2019 | Pune, Maharashtra | 3 | View details |
Funding Insights of VestaSpace Technology
VestaSpace Technology has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10M
- Total Rounds 1
- Last Round Series A — $10M
- First Round $10M
(May 2020)
- Investors Count 1
All 1 funding rounds of VestaSpace Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2020 | $10M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in VestaSpace Technology
VestaSpace Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NextCapital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fund of funds focused on multiple sectors | 1997 | nextcapital.com | Chicago, United States |
Investor details for VestaSpace Technology
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- Complete investor list
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Board of directors of Vestaspace Technology Private Limited (VestaSpace Technology)
Vestaspace Technology Private Limited is the primary company behind VestaSpace Technology. The board of Vestaspace Technology Private Limited currently have 3 directors; the longest-serving is Savitha Shivaputra Sureban, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Savitha Shivaputra Sureban DIN 08606197 | Director | 08 Nov 2019 | 6 yrs 11 mo | Vestaspace Technology Private Limited |
| Shivaputra Mallappa Sureban DIN 08606195 | Director | 08 Nov 2019 | 6 yrs 11 mo | Vestaspace Technology Private Limited |
| Arun Kumar Sureban DIN 08606196 | Director | 08 Nov 2019 | 6 yrs 11 mo | Vestaspace Technology Private Limited |
Timeline of VestaSpace Technology
2 dated milestones of VestaSpace Technology across 2 years, from founding to its latest funding, stage changes and deals.
- Founded VestaSpace Technology is founded.
- Funding First funding round of $10.0M.
Top companies in Space Research & Technology
2 companies that operate in the same segment as VestaSpace Technology (Space Research & Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of space launch services using Vikram series launch vehicles | 2018 | Hyderabad, Telangana, India | USD 150.87 M | USD 3.39 M | 924 | |
Private aerospace manufacturing and commercial launch solutions are provided. | 2017 | Chennai, Tamil Nadu, India | USD 72.14 M | 241 |
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Complete news archive for VestaSpace Technology
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Frequently Asked Questions about VestaSpace Technology
VestaSpace Technology was founded in 2018 and raised its 1st funding round 2 years after it was founded.
VestaSpace Technology is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
VestaSpace Technology is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on May 2020.
VestaSpace Technology has 1 employees.
VestaSpace Technology was founded in 2018 and is based in Pune, India. Operations are centered in the space technology sector, where satellite-based solutions and services are developed. Small-sized satellites are designed and manufactured, with specialization in satellite communication. Engineering expertise is applied to support various space-related applications across the region.
VestaSpace Technology has 1 investor. Key investors include NextCapital.
VestaSpace Technology operates through Vestaspace Technology Private Limited.
The legal entities of VestaSpace Technology currently have 3 directors, including Savitha Shivaputra Sureban, Shivaputra Mallappa Sureban, Arun Kumar Sureban.