India, March 28 -- Spacetech startup Bellatrix Aerospace has secured $20 Mn (Rs.189.7 Cr) in a Pre-Series B funding round led by Cactus Partners to build business momentum via customer deployments moving forward.

While new investors Hero Investment Office, 35 North Ventures, Indusbridge Ventures and Monarch Holdings joined Bellatrix cap table, existing investors Inflexor Ventures, Pavestone VC, GrowX, Startup Xseed and Survam Partners doubled down on their bet on the spacetech startup.

The fresh funding will help Bellatrix expand its manufacturing facilities and scale its implementation of high-throughput production lines. A portion of the capital will be used in aiding its active customer programs and strengthening operations.

"Having...