Defence tech Constelli bags $20 million from General Catalyst, others

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Defence technology startup Constelli has raised $20 million (about Rs 180-190 crore) in a funding round led by Silicon Valley-based venture capital firm General Catalyst, with participation from 360 One Asset Management and existing investor Pravega Ventures, said the company’s cofounder and CEO Satya Gopal Panigrahi.

The Hyderabad-based company builds electronic intelligence and signal processing systems. Panigrahi told ET that the fresh capital will be deployed towards product research and development focused on next-generation electronic warfare…



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Defence tech Constelli bags $20 million from General Catalyst, others



Defence technology startup Constelli has raised $20 million (about Rs 180-190 crore) in a funding round led by Silicon Valley-based venture capital firm General Catalyst, with participation from 360 One Asset Management and existing investor Pravega Ventures, said the company’s cofounder and CEO Satya Gopal Panigrahi.

The Hyderabad-based company builds electronic intelligence and signal processing systems. Panigrahi told ET that the fresh capital will be deployed towards product research and development focused on next-generation electronic warfare…



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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