EtherealX

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 12 January to 16 January 2026.

The startup will use the funds to design and test a fully reusable launch vehicle. It plans to conduct engine hot-fire tests by mid-2026 and a technology demonstration flight in late 2027.

EtherealX, an Indian space business, has secured $5 million in a seed investment round to support the development of entirely reusable medium-lift launch vehicles. The company aims to make satellite launches more cost-effective and time-efficient.

The spacetech company EtherealX has secured its initial institutional investment round led by investors Riceberg Ventures, Campus Fund, and BlueHill Capital.