Axirium Aerospace raises $3.5mn to scale manufacturing

Axirium Aerospace has secured $3.5 million in a seed round led by Shastra VC and BEENEXT, with support from angel investors including Ashish Gupta (Ex-MD & Co-founder, Helion Advisors) and PVS Raju (Vice Chairman, AIG Hospitals). The funding will be used to build a global-grade manufacturing unit, expand its engineering team and strengthen its aerospace supply-chain capabilities.
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