Founded in 2022 as Ethereal Exploration Guild (formerly EtherealX), The Guild is developing Razor Crest Mk-1, a medium-lift, fully reusable rocket capable of delivering up to 24.8 tonnes to Low Earth Orbit and 10.8 tonnes to Geosynchronous Transfer Orbit. Both the booster and upper stages are engineered for recovery and re-flight, targeting launch costs of about USD 500 per kilogram. The vehicle is powered by two in-house engines: the 1.2 MN semi-cryogenic Stallion for the first stage and the 80 kN Pegasus for the upper stage, which employs a Full-flow Segregated Cooling Cycle to enable upper-stage reusability. The company is expanding its infrastructure with a new BASE-002 facility in Andhra Pradesh to support integrated engine and stage testing, supplementing its existing BASE-001 site in Tamil Nadu. Upcoming milestones include engine-level and stage-level testing of its technology demonstrator. Following its Series A round, The Guild’s valuation has risen 5.5× to USD 80.5 million, and its total funding stands at USD 25.5 million. The fresh capital will finance further development and flight qualification of Razor Crest Mk-1.

Total raised

$21M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2026