Participated · Series B · Mar 2026

Bellatrix Aerospace designs and manufactures propulsion systems for satellites. Founded in 2015 and based in Bengaluru with operations in the U.S., the company serves demand from satellite constellations domestically and internationally. Following a $20 million pre-Series B raise led by Cactus Partners, Bellatrix plans to expand manufacturing capacity and increase annual production. Management has emphasized the need to scale manufacturing and delivery to meet rising market demand. The company’s investor base includes both new institutional backers and existing venture investors, reflecting continued external support for its growth.

Led · Series A · Feb 2026

1.5 Degree, operated by Natturz Bio Kontrol Pvt Ltd, develops and manufactures plant-based milk, yogurt, tofu, cooking cream, gelatos, frozen desserts, smoothie bowls, and oat-milk beverages aimed primarily at large institutional food-service operations. The company supplies corporate cafeterias, hotels, educational institutions, and other large dining venues through long-term, volume-based B2B contracts, working with partners such as Compass Group and Sodexo. Roughly 80% of its revenue comes from these institutional agreements, providing a predictable and recurring income stream that is integrated with its own supply-chain operations. 1.5 Degree employs proprietary processing technology tailored for Indian taste profiles to overcome flavour and texture limitations typically associated with plant-based dairy, while also claiming materially lower emissions and water use than conventional dairy products. The firm is currently active in Bengaluru, Pune, and the National Capital Region and has begun limited direct-to-consumer placements in premium retail stores, experience centres, and cloud kitchens. With fresh capital, the startup plans to scale manufacturing, deepen institutional partnerships, and expand service to Mumbai, Pune, Bengaluru, Hyderabad, and Delhi, further broadening both its B2B footprint and emerging D2C channels.