Dhruva Space: Funding, Investors & Team (Sep 2026)
Dhruva Space is a private space company that is working on developing small satellite systems in order to provide launch services and support space-based applications. They offer satellites with Earth stations and launch services either together as an integrated service or separately as a technology service for the enhancement of space-based applications on Earth and in space.
Dhruva Space has raised $16.2M across 3 funding rounds on record, the most recent a Series B of $6.2M announced in Jul 2026.
That round is below the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.
Dhruva Space Company Profile and Key Stats
Latest funding round on record: Jul 2026.
Dhruva Space Funding Rounds
Dhruva Space raised $9.4M in a Series A announced in Apr 2024.
1.8 years later, an undisclosed round of $550k was announced in Feb 2026.
5 months later, a Series B of $6.2M was announced in Jul 2026.
Dhruva Space Investors
17 investors are recorded in total; the 5 named above are those the record identifies.
Dhruva Space Founders and Leadership Team
Contact details for the Dhruva Space team: 1 of 2 have an email address on file, 2 have a LinkedIn profile.
Start 14-day free trial →Dhruva Space Funding Compared to Other Hardware Startups
Dhruva Space's latest round of $6.2M is below the median round in Hardware. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Dhruva Space in Hardware and Bengaluru
Companies Similar to Dhruva Space
InspeCity develops tools that support satellite systems, focusing on communication, navigation, and security…
Rekise Marine develops autonomous robotic systems and infrastructure for maritime operations. The company…
AGNIT Semiconductors Private Limited is India’s one and only provider of Gallium Nitride (or GaN for short)…
GalaxEye, a space tech startup based in India, is the first Indian company to send a satellite into orbit.…
Founded in 2024 by Jay Panchal, Nithyaa Giri, and Hrishit Tambi, Aule Space is developing autonomous…
Digantara is a space technology company. They offer the Indian Institute of Science a space-based…
Eon Space Labs is a manufacturing company that focuses on developing observation optical payloads for drones,…
CIMware is a tech start-up specializing in the development of Composable Disaggregated Infrastructure (CDI)…
Provides affordable and unlimited Internet to Middle and lower middle income households
Orbitt Space is working on creating electric propulsion and avionics technology for satellites in ultra low…
Throughout history, the curiosity of the human spirit has driven us to explore, understand, and overcome…
Lightstorm is a telecommunications company that offers an infrastructure platform to boost business…
Dhruva Space Funding FAQs
What does Dhruva Space do?
Dhruva Space is a private space company that is working on developing small satellite systems in order to provide launch services and support space-based applications. They offer satellites with Earth stations and launch services either together as an integrated service or separately as a technology service for the enhancement of space-based applications on Earth and in space.
How much funding has Dhruva Space raised?
Dhruva Space has raised $16.2M across 3 rounds on record. The most recent is a Series B of $6.2M announced in Jul 2026.
When did Dhruva Space last raise funding?
Dhruva Space's most recent funding round on record is a Series B of $6.2M, announced in Jul 2026.
Who has invested in Dhruva Space?
Investors on record for Dhruva Space include IvyCap Ventures, Creative Destruction Lab, SIDBI Venture Capital, Blue Ashva Capital, IAN Angel Fund. FundedIQ records 17 investors in total.
Who founded Dhruva Space?
FundedIQ lists Krishna Teja Penamakuru (Founder), Sanjay Nekkanti (Founder) at Dhruva Space.
Where is Dhruva Space headquartered?
Dhruva Space is based in Bengaluru, Karnataka, India.
How many employees does Dhruva Space have?
Dhruva Space is in the 51-100 employee band.
When was Dhruva Space founded?
Dhruva Space was founded in 2012.
How does Dhruva Space's funding compare to other Hardware startups?
Dhruva Space's latest round of $6.2M is below the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.
About FundedIQ's Dhruva Space Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Dhruva Space is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.