Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Agnikul, an India-based space launch vehicle developer, has attracted Rs234m ($3.1m) from investors including CIIE.co, the incubation and innovation arm of Indian Institute of Management Ahmedabad, VCCircle reported yesterday. The pre series-A round was led by Pi Ventures and also included Artha Ventures, LetsVenture, Globevestor, Speciale Invest and Hari Kumar, founding partner of Lionrock Capital. The capital will fund recruitment and the development of a satellite launch vehicle with 30 to 100 kilogram payload capacity, with the engine manufactured using…
