Solving Earth’s Resource Scarcity: InspeCity Bags Funding To Build Space Cities

Solving Earth’s Resource Scarcity: InspeCity Bags Funding To Build Space Cities

SUMMARY

The round was led by Speciale Invest and co-led by Antler India and Veda VC

Founded in mid-2022, InspeCity aims to build the first city in a suitable orbit between Earth and the Moon, addressing the problem of resource scarcity on the Earth

The startup wants to utilise the funds to further develop InspeCity's technology and expand its team

Aiming to build the first city in a suitable orbit between Earth and the moon, spacetech startup InspeCity has raised $1.5 Mn in a pre-seed funding round led by deeptech investor Speciale Invest.

The funding round, which was co-led by Antler India and Veda VC, also saw participation from Anicut Capital, DeVC India, among other investors.

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