VC Fund Investments
Space tech startup Digantara raises $10-M from Peak XV, Kalaari Capital, others
Bengaluru-based space tech startup Digantara has raised USD 10 million in a Series A1 funding round led by Peak XV Partners (formerly Sequoia Capital India). The round also saw participation from Kalaari Capital, Japan's Global Brains, Campus Fund, and the founders of IIFL Wealth. Digantara, which offers solutions in the space situational awareness (SSA) segment, will use the funds to develop its space-mission assurance platform (Space-MAP). The fresh capital will also be deployed for the first phase of satellite-based surveillance. Earlier this year, the startup launched its Pushan-Alpha satellite from a SpaceX rocket. The company had previously raised a seed round of USD 2.5 million from Kalaari Capital in 2021.
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