Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

Deep-tech space startup Astrophel Aerospace has raised Rs 6.84 crore (around $800K) in a pre-seed funding round from a group of angel investors and venture firms. 

The Pune-based startup will use the funds to build a prototype of its reusable semi-cryogenic launch vehicle and to expand in-house R&D efforts focused on building advanced missile-grade guidance and propulsion systems.

Founded in 2022 by Suyash Bafna, Astrophel…