Ethereal Exploration Guild, an Indian space tech better known as EtherealX , has climbed 5.5x in valuation to $80.5 million after its latest funding round. The startup is developing a launch vehicle designed to be fully reusable and is readying engine hot-fire tests ahead of its first technology demonstration flight, planned for 2027. The Bengaluru-based company confirms that it closed an oversubscribed $20.5 million Series A round led by TDK Ventures and BIG Capital, as TechCrunch reported