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SpaceFields Secures $5M Funding for Rocket Propulsion Expansion

9/23/2025

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Story summary
  • SpaceFields raised $5 million in pre-Series A funding, led by Globaz Technologies and supported by investors.
  • Founded in 2021, SpaceFields develops rocket propulsion for defense and aerospace and previously raised $1.3 million in seed funding.
  • The capital will boost manufacturing, secure regulatory certifications, and expand the workforce; SpaceFields holds four iDEX contracts with the Ministry of Defence and multiple patents.