FundedIQ
Hardware

NewSpace: Funding, Investors & Team (Oct 2026)

NewSpace develops aerospace technology for various applications such as piloted systems, autonomy, sensor fusion, and stratospheric operations. The company specializes in aircraft design, collective robotics, distributed intelligence, computer vision, machine learning, artificial intelligence, and GPS-denied navigation, enabling organizations to utilize a variety of long-lasting drones.

www.newspace.co.in LinkedIn Bengaluru, India 251-500 employees
Aerospace Machinery Manufacturing Satellite Communication B2B
Total raised
$33.0M
Rounds
1
Latest
Undisclosed round
Mar 2024

NewSpace has raised $33.0M across 1 funding round on record, the most recent an undisclosed round of $33.0M announced in Mar 2024.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

NewSpace Company Profile and Key Stats

Total funding raised
$33.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$33.0M in Mar 2024
Employees
251-500
reported band
Headquarters
Bengaluru, India

Latest funding round on record: Mar 2024.

NewSpace Funding Rounds

Date
Round
Amount
Undisclosed round
$33.0M

NewSpace Founders and Leadership Team

Name
Role
Contact
Sameer Joshi
Founder
Locked

Contact details for the NewSpace team: 1 of 1 has an email address on file.

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NewSpace Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
3,308
$3.0M

NewSpace's latest round of $33.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like NewSpace in Hardware and Bengaluru

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NewSpace Funding FAQs

What does NewSpace do?

NewSpace develops aerospace technology for various applications such as piloted systems, autonomy, sensor fusion, and stratospheric operations. The company specializes in aircraft design, collective robotics, distributed intelligence, computer vision, machine learning, artificial intelligence, and GPS-denied navigation, enabling organizations to utilize a variety of long-lasting drones.

How much funding has NewSpace raised?

NewSpace has raised $33.0M across 1 round on record. The most recent is an undisclosed round of $33.0M announced in Mar 2024.

When did NewSpace last raise funding?

NewSpace's most recent funding round on record is an undisclosed round of $33.0M, announced in Mar 2024.

Who founded NewSpace?

FundedIQ lists Sameer Joshi (Founder) at NewSpace.

Where is NewSpace headquartered?

NewSpace is based in Bengaluru, Karnataka, India.

How many employees does NewSpace have?

NewSpace is in the 251-500 employee band.

How does NewSpace's funding compare to other Hardware startups?

NewSpace's latest round of $33.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's NewSpace 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 NewSpace is left off this page rather than filled in.

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