Spacetech startup Akashalabdhi raises $1.2 million in pre-seed round

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Spacetech startup Akashalabdhi, incubated at the Foundation for Science, Innovation and Development (FSID) at IISc Bangalore, has raised pre-seed funding of $1.2 million from investors such as Uday Chatterjee, Romesh Sobti, LVX (formerly LetsVenture), 1Crowd, and Riceberg Ventures.

The company will use the funds to advance the development of Antarikshab, an expandable module for space habitation, orbital logistics, microgravity experiments, and defence applications. A space habitat is a pressurised, tent-like structure made of flexible materials,…



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Spacetech startup Akashalabdhi raises $1.2 million in pre-seed round



Spacetech startup Akashalabdhi, incubated at the Foundation for Science, Innovation and Development (FSID) at IISc Bangalore, has raised pre-seed funding of $1.2 million from investors such as Uday Chatterjee, Romesh Sobti, LVX (formerly LetsVenture), 1Crowd, and Riceberg Ventures.

The company will use the funds to advance the development of Antarikshab, an expandable module for space habitation, orbital logistics, microgravity experiments, and defence applications. A space habitat is a pressurised, tent-like structure made of flexible materials,…



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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