India's Bellatrix Aerospace nets $20 million in pre-Series B round

Bellatrix Aerospace raised $20 million in a pre-Series B funding round led by Cactus Partners. The investment will expand manufacturing capacity and accelerate delivery of satellite propulsion systems to domestic and international constellation customers. New investors included Hero Investment Office, 35 North Ventures, Indusbridge Ventures and Monarch Holdings, alongside existing backers.