PE-VC Fund Investments
Defence-tech co. Constelli raises $20-M led by General Catalyst
Hyderabad-based defence-tech startup Constelli has raised USD 20 million in a funding round led by General Catalyst, with participation from 360 ONE Asset Management and existing investor Pravega Ventures.Founded in 2017 by Satya Gopal Panigrahi and Avinash Chenreddy, Constelli develops signal processing solutions and tools that enhance the design, development, and testing of critical aerospace and defence systems.The new capital will be used for product research and development focused on electronic warfare and communication payloads across various platforms, including drones, ground systems, naval vessels, and satellites.
In Sep 2024, Constelli had attracted about USD 3 M from Pravega Ventures and others.
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