Former ISRO Scientists’ Venture, Skyroot Aerospace, Gets Backing from Temasek in a $27.5M Round
Skyroot Aerospace, a Hyderabad-based spacetech startup, has raised a new round of capital from Singapore state investment firm Temasek. This development materialized a year after the Singapore state’s sovereign wealth fund GIC backed the Hyderabad-based startup. Skyroot Aerospace has secured an additional $27.5 million (₹225 crore) in a pre-Series C round led by […]
SpaceTech Startup SatSure Raises $15 Mn In Funding
SatSure, a Bengaluru-based space tech startup, has raised USD 15 million in equity capital and venture debt led by Baring Private Equity Partners and Promus Ventures. With this, the spacetech startup has successfully concluded the Series A funding round. Omidyar Network India and xto10X, along with existing investors like Force […]
SatSure Acquires Geospatial Firm Old City Innovations
SatSure, a Bengaluru-based innovative decision analytics startup, has acquired Philadelphia-based geospatial services provider Old City Innovations (formerly Geospoc LLC) in a cash-plus-stock deal. Making a foray into the US market, this latest acquisition comes a few weeks after SatSure bought SaaS platform CropTrails for an undisclosed amount to enter overseas […]
Decision Analytics Startup SatSure Raises $5M In Pre-Series A Funding
SatSure, a Bengaluru-based startup, has raised $5 million in a pre-Series A funding round led by Baring Private Equity India and ADB Ventures, Asian Development Bank’s venture arm. This funding round is in continuity with SatSure’s undisclosed fundraise in November 2021, when it onboarded Baring Private Equity India as an investor. Several other investors, including Flowstate VC, Force […]
Bengaluru-based Spacetech Startup SatSure Raises Undisclosed Equity Round
SatSure, a Bengaluru-based spacetech startup involved in building decision insights using data from satellites for the banking and insurance sectors, has raised an undisclosed amount of equity funding in a round led by Baring Private Equity India. The startup plans to use the freshly raised funds for expanding its team to 100 people by March […]