# BluJ Aerospace Pvt.Ltd.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluj-aerospace-pvt-ltd

- Industry: Aerospace
- Headquarters: India
- Website: www.blujaero.com
- Total disclosed funding: $2.3M
- Latest round: Seed (Jun 27, 2023)
- Investors on record: 3

## About

Based in Telangana, India, and founded in 2022 by Maruthi Amardeep Sri Vatsavaya (CEO), and Utham Kumar Dharmapuri, BluJ Aerospace Pvt. Ltd. operates as an aviation and aerospace component manufacturer of vertical take-off and landing (VTOL) aircraft powered by Hydrogen-Electric propulsion. In June 2023, BluJ Aerospace Pvt. Ltd. raised USD 2.25 million in seed funding co-led by Endiya and Ideaspring Capital, with participation from Rainmatter Foundation. 

BluJ Aerospace Pvt. Ltd. specializes in advanced Vertical Take-off and Landing (VTOL) technologies that significantly reduce travel time for both cargo and passengers. The company's expertise is in developing and manufacturing advanced VTOL aircraft with hydrogen-electric propulsion that can transport heavy payloads over long distances. This enables users to transport goods and passengers more efficiently.

The company plans to use the June 2023 funding to develop its platform hybrid-electric VTOL aircraft.

## Funding rounds

- Seed, Jun 27, 2023, $2.3M — Endiya, Ideaspring Capital, Rainmatter Foundation

## Investors

- Endiya (https://capitalatlas.ai/funds/endiya) — Seed
- Ideaspring Capital (https://capitalatlas.ai/funds/ideaspring-capital) — Seed
- Rainmatter Foundation — Seed