Aviation-Tech Startup 'Astrogate Labs' lifts $1.3 million Pre-series Fund
The Piper Serica Angel Fund is leading the $1.3 million pre-series investment round for spacetech firm Astrogate Labs.
The money raised will be utilized to increase operations, improve collaborations with space agencies and defense groups, and expedite the development of its laser communication terminals for space and other use cases in terrestrial and aerial applications.
Astrogate Labs, which was founded by Nitish Singh, Yogeshwaran J, and Subhajit Chakraborty, offers technology to enhance data downlink for tiny satellite constellations, enabling them to send data to the ground more effectively.
By 2030, it is anticipated that there will be more than 25,000 tiny satellites in orbit, placing significant strain on existing radio frequency systems due to spectrum congestion and bandwidth constraints. According to Astrogate, their laser communication technologies offer a scalable substitute for safe, high-speed data transfer of up to 10 Gbps.
End-to-end laser communication solutions from Astrogate Labs offer safe, fast connectivity for both space and terrestrial applications. Astrogate Labs also graduated from the Seraphim Space Accelerator APAC Program in 2023 and has been recognized for its technological achievements, such as DRDO Dare to Dream 4.0.
The Bengaluru-based business has received early finance to support the development of its cutting-edge technology from Speciale Invest, SatSure, and Anicut Capital.
Recently, Quick Clean, a professional provider of linen management solutions, raised Rs. 50 crore ($5.7 million) in its Series A funding round, which was co-led by Alkemi Growth Capital and Blue Ashva Capital. Additionally, Venture Debt Cos invested Rs. 10 crore ($1.15 million) in a credit line. Deepan Exim and others had already contributed $188K to the company.
The money raised will be utilized to increase operations, improve collaborations with space agencies and defense groups, and expedite the development of its laser communication terminals for space and other use cases in terrestrial and aerial applications.
Astrogate Labs, which was founded by Nitish Singh, Yogeshwaran J, and Subhajit Chakraborty, offers technology to enhance data downlink for tiny satellite constellations, enabling them to send data to the ground more effectively.
By 2030, it is anticipated that there will be more than 25,000 tiny satellites in orbit, placing significant strain on existing radio frequency systems due to spectrum congestion and bandwidth constraints. According to Astrogate, their laser communication technologies offer a scalable substitute for safe, high-speed data transfer of up to 10 Gbps.
End-to-end laser communication solutions from Astrogate Labs offer safe, fast connectivity for both space and terrestrial applications. Astrogate Labs also graduated from the Seraphim Space Accelerator APAC Program in 2023 and has been recognized for its technological achievements, such as DRDO Dare to Dream 4.0.
The Bengaluru-based business has received early finance to support the development of its cutting-edge technology from Speciale Invest, SatSure, and Anicut Capital.
Recently, Quick Clean, a professional provider of linen management solutions, raised Rs. 50 crore ($5.7 million) in its Series A funding round, which was co-led by Alkemi Growth Capital and Blue Ashva Capital. Additionally, Venture Debt Cos invested Rs. 10 crore ($1.15 million) in a credit line. Deepan Exim and others had already contributed $188K to the company.
