Spacetech startup GalaxEye Space raised $3.5 million in seed led by Speciale Invest

December 15, 2022

, By Sarika Parmar

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Spacetech startup GalaxEye Space raised $3.5 million in seed led by Speciale Invest where Artha India Ventures, Veda VC, Anicut Capital, Upsparks and angel investors Nithin Kamath (Zerodha founder), Prashant Pitti (EaseMyTrip founder), Abhishek Goyal (Tracxn founder) and Ganpathy Subramaniam (partner at Celesta Capital) also participated.

The company’s flagship product offers multi-sensor imagery via modern satellites and in-house data fusion technology. GalaxEye’s technology will allow the production of extremely high-resolution images via a small satellite constellation that, once fully operational, will provide global coverage in less than 12 hours. GalaxEye stated that the new funding will help boost hiring and accelerate the launch of its multi-sensor earth observation satellite.

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Spacetech startup GalaxEye Space raised $3.5 million in seed led by Speciale Invest

December 15, 2022

, By Sarika Parmar

Spacetech startup GalaxEye Space raised $3.5 million in seed led by Speciale Invest where Artha India Ventures, Veda VC, Anicut Capital, Upsparks and angel investors Nithin Kamath (Zerodha founder), Prashant Pitti (EaseMyTrip founder), Abhishek Goyal (Tracxn founder) and Ganpathy Subramaniam (partner at Celesta Capital) also participated.

The company’s flagship product offers multi-sensor imagery via modern satellites and in-house data fusion technology. GalaxEye’s technology will allow the production of extremely high-resolution images via a small satellite constellation that, once fully operational, will provide global coverage in less than 12 hours. GalaxEye stated that the new funding will help boost hiring and accelerate the launch of its multi-sensor earth observation satellite.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Chargebee’s backers plan to sell stakes worth $1.5 billion

Next News

Ramkrishna Forgings Ltd to acquire up to 51% stake in TSUYO Manufacturing Private Limited

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