Ethereal Exploration Guild Raises $20.5M Series A to Build Reusable…

Team S · 2026-01-20T14:18:17.000Z

Ethereal Exploration Guild (EtherealX), a space technology startup based in Bengaluru, India, has successfully raised $20.5 million in a Series A funding round to accelerate development of its first fully reusable medium-lift launch vehicle, the Razor Crest Mk-1. The Bengaluru-based company is working to disrupt traditional launch economics by lowering orbital transport costs and enabling more affordable access to space. The Series A round was co-led by TDK Ventures and BIG Capital, with significant participation from Accel, Prosus, YourNest Venture Capital, BlueHill Capital, Campus Fund, and Riceberg Ventures, demonstrating strong investor confidence in the company’s technology and team. EtherealX plans to use the fresh capital to expedite engineering, testing, and manufacturing of its reusable launch vehicle capable of deploying payloads to low Earth orbit (LEO), geostationary transfer orbit (GTO), and trans-lunar injection trajectories. Founded in 2022 by aerospace engineers Manu J. Nair, Shubhayu Sardar, and Prashanth Sharma, EtherealX aims to challenge incumbents by combining in-house rocket engine design with advanced reusable systems. The company has already developed two proprietary engines for its two-stage vehicle and is building infrastructure to support rapid testing cycles. With its Razor Crest Mk-1 vehicle, EtherealX is targeting a cost range of $500 to $1,000 per kilogram for orbital launches, a step change from current industry averages. #SeriesAFunding, #SpaceTech, #ReusableLaunch, #StartupFunding, #InvestmentNews, #AerospaceInnovation, #IndianStartups, #VentureCapital, #TechGrowth, #LaunchVehicle

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Ethereal Exploration Guild Raises $20.5M Series A to Build Reusable… | Newnex