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Agnikul

Aerospace and Defense · Chennai, India · Founded 2017 · Privately Held (backing)

Developer of small satellite launch vehicles designed to offer orbital-class launch for micro and nanosatellites. Agnikul is based in Chennai, India and was founded in 2017. It was valued at $193 million at its later-stage round in May 2023, the last priced event on record. It has raised $81.6 million across 1 recorded round; the latest was a $46.6 million Series B in May 2023.

PMV mark · valuation
$193.5M
Oct 2026
Priced at
its later-stage round
May 2023
Total raised
$81.6M
Last round
Later Stage VC (Series B)
May 2023

Agnikul key facts

as of Oct 2026
  • Developer of small satellite launch vehicles designed to offer orbital-class launch for micro and nanosatellites.
  • Agnikul is valued at approximately $193.5M as of Oct 2026, set at its later-stage round, May 2023; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $81.6M across 1 recorded rounds; the latest was Later Stage VC (Series B) ($46.6M) in May 2023.
  • Notable investors include Astir Ventures, Balaji Srinivasan, BEENEXT Capital Management, Rainmatter Capital, LetsVenture Technologies — 53 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$193.5M

Valued at $193.5M at its later-stage round, May 2023. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Agnikul funding rounds

1 rounds
May 2023Later Stage VC (Series B)$46.6M▮
Full funding history →

Agnikul valuation

Agnikul was valued at $193 million at its later-stage round in May 2023. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Agnikul raised?

Agnikul has raised $81.6 million in total; 1 of its rounds is on record. The largest on record was a $46.6 million Series B in May 2023.

Agnikul investors

53 investors are on record for Agnikul, including Astir Ventures, Balaji Srinivasan, BEENEXT Capital Management and Rainmatter Capital. By type, the record holds 10 venture capital firms and 3 family offices. The Series B in May 2023 drew 19 investors.

Comparable companies

Comparable aerospace and defense names by valuation on PrivateMarketView: Turion Space ($249 million), Tonbo Imaging ($194 million) and Pyka ($130 million).

About Agnikul

Developer of small satellite launch vehicles designed to offer orbital-class launch for micro and nanosatellites. The company's launch vehicles are completely mobile, can be accessed from numerous launch ports, operate on kerosene, and can access both low- and high-inclination orbits, enabling companies to obtain on-demand access to space.

Industry
Aerospace and Defense
Sector
Business Products and Services (B2B)
HQ
Chennai, India
Founded
2017
Employees
250
Ownership
Privately Held (backing)

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