Green Aero Secures $1.6M to Make India Self-Reliant in Aerospace Propulsion
Green Aero, a pioneering deeptech startup incubated at IIT Delhi, has secured $1.6 million in a seed funding round. The funding will support the company's mission to make India self-reliant in aerospace propulsion and develop advanced propulsion systems for defence and hydrogen-powered civil aviation.
The funding round was led by pi Ventures, with participation from Antler. The startup aims to fill a strategic gap by developing proprietary propulsion platforms for aerospace and maritime applications. Green Aero's founder, Prithwish Kundu, a former research scientist at the U.S. Department of Energy's Argonne National Laboratory, leads this ambitious endeavour.
Historically, India has relied on imported turbine engines for high-performance drones, aircraft, and naval vessels. Green Aero seeks to change this by developing advanced propulsion systems. The company recently test-fired The Blue Dragon, India's first hydrogen-based aero engine core, demonstrating its innovative capabilities. With this new funding, Green Aero plans to establish an in-house testing facility, accelerate R&D, and expand its engineering and operations teams.
The $1.6 million seed funding will enable Green Aero to advance its mission to make India self-reliant in aerospace propulsion. Within 12 months, the startup plans to launch its first small-category engine platform, further solidifying its position in the domestic aerospace industry.
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