The Venture Codex

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.