Astrobase In Talks To Raise 40 50 Million Led By Peak Xv At 300 Million Valuation

Bengaluru-based spacetech startup Astrobase is in talks to raise $40-50 million in a funding round led by Peak XV Partners, valuing the company at around $250-300 million, people aware of the matter told ET.The spacetech startup is developing two-stage reusable launch vehicles capable of carrying payloads of between three and 10 tonnes. It is targeting an initial orbital launch in 2028.The talks come weeks after Astrobase unveiled Everest, an