Overview
- Bellatrix said it secured a $20 million pre-Series B to ramp production after landing its first large commercial customer outside India.
- Cactus Partners led the round with Indian investors joining, bringing the company’s total funding to about $31 million.
- Deliveries of propulsion hardware to the undisclosed overseas customer began this month, starting Bellatrix’s international deployments.
- The company said it is now factory-ready with lead times under six months and a multi-million-dollar backlog to fulfill.
- Bellatrix plans to begin U.S. production through partners as a dedicated facility progresses, and it keeps most of its roughly 130 employees in India with a small U.S. team.