Deep-tech startup Aule Space raises $2 Mn in pre-seed round led by pi Ventures

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Deep tech startup Aule Space has raised $2 million in a pre seed funding round led by pi Ventures, with participation from a clutch of angel investors including Eash Sundaram, Arvind Lakshmikumar, and others. The startup has been part of the Entrepreneurs First accelerator programme and is also backed by the Transpose Platform.

The proceeds will be used to expand its engineering team, build ground infrastructure for docking tests, and advance the development of its first demonstration satellites, which are set to launch next year, Aule Space said in a…



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Deep-tech startup Aule Space raises $2 Mn in pre-seed round led by pi Ventures


Deep tech startup Aule Space has raised $2 million in a pre seed funding round led by pi Ventures, with participation from a clutch of angel investors including Eash Sundaram, Arvind Lakshmikumar, and others. The startup has been part of the Entrepreneurs First accelerator programme and is also backed by the Transpose Platform.

The proceeds will be used to expand its engineering team, build ground infrastructure for docking tests, and advance the development of its first demonstration satellites, which are set to launch next year, Aule Space said in a…



Source link

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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