The funds, which came from family offices and institutional backers, including Advenza Global Limited, Atharva Green Ecotech LLP, HDFC Bank, Artha Select Fund, Prathithi Ventures, and 100X.VC, will be used to scale production of aerospace and rocket components, push forward Agnikul’s stage-recovery programme, and set up an integrated space campus on the 350 acres of land allocated by the Tamil Nadu government.