Thrustworks Dynetics raises seed round led by Jamwant Ventures

Thrustworks Dynetics, a propulsion systems company that designs and develops advanced rocket engine systems and subsystems for commercialisation, has raised Rs 7 crore in a seed funding round led by Jamwant Ventures along with participation from  Piper Serica, SINE-IIT Bombay, and other investors.

The proceeds will be utilized to scale the Integrated Rocket Facility, enhance R&D in advanced propulsion systems, and expand testing capabilities to meet the growing global demand for commercial space access, Thrustworks Dynetics said in a press release.