Space-tech startup TakeMe2Space raises $5-M led by Chirate Ventures

Hyderabad-based TakeMe2Space has raised USD 5 Mn (approximately INR 44.9 Cr) in a seed round led by Chiratae Ventures, with participation from Artha India Ventures, SEA Fund and Unicorn India Ventures.Founded in 2024 by Ronak Kumar Samantray, TakeMe2Space specializes in in-orbit data processing by developing AI-inferencing infrastructure in Low Earth Orbit. The company's satellites allow users to upload models and process data directly in space via its OrbitLab platform.The fresh capital will be utilized to expand its satellite constellation to six spacecraft, strengthening partnerships with ground station providers and AIT (assembly, integration and testing) companies. It will also be used for expanding the engineering and global sales teams and accelerating research and development initiatives.