Startup news and updates: daily roundup (May 7, 2026)
From Skyroot Aerospace becoming the first spacetech unicorn to Pronto reaching new valuation heights, YourStory brings you today’s headlines with the latest developments across sectors. Funding newsSkyroot Aerospace raises $60M, becomes first spacetech unicorn from IndiaHyderabad-headquartered spacetech startup Skyroot Aerospace has raised $60 million in funding co-led by Sherpalo Ventures and GIC. Following the investment, the startup achieved a pre-money valuation of $1.1 billion, becoming India’s first spacetech unicorn. The funding round also saw participation from the existing investors of Skyoot including Greenko Group and Arkam Ventures, along with funds managed by BlackRock, Playbook Partners, and Shanghvi Family Office. Read morePronto extends Series B to $45M at $200M valuationHome services startup Pronto has raised an additional $20 million in an extension of its Series B round, taking the total financing to $45 million and doubling the company’s valuation to $20..
