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Newspace Research seeks $35-40 million Series C amid talks

Aerospace and defence startup Newspace Research and Technologies is seeking $35-40 million in a Series C round, according to three people familiar with the matter. The raise would include a mix of equity and debt.

SBIN

Mumbai, Sept.

4 -- Aerospace and defence startup Newspace Research and Technologies (NRT), which builds unmanned drones, is looking to raise between $35-40 million in its Series C funding, according to three people familiar with the matter."The raise is a mix of equity and debt, but their debt inve…