SpaceTech startup TakeMe2Space has secured ₹5.5 crore in a pre-seed funding spherical led by Seafund, with participation from Artha Enterprise Fund, Blume Ventures, AC Ventures, and different angel buyers.
The funds will assist the launch of MOI-1, India’s first AI laboratory in house. TakeMe2Space has already accomplished house missions in collaboration with ISRO’s POEM (PSLV Orbital Experiment Module) platform, showcasing a radiation shielding coat.
In a latest interview with AIM, Ronak Kumar Samantray, founder and CEO of TakeMe2Space, mentioned that the corporate is working in direction of constructing indigenous options for house exploration and is utilizing AI to course of information straight in orbit, lowering latency and bandwidth necessities.
The startup’s mission is to create space accessible and reasonably priced for analysis establishments and industrial entities alike, fostering innovation within the sector.
“This funding is a testomony to our workforce’s dedication and the influence we’re creating within the house tech business. With the assist of our buyers, we’re excited to speed up our progress and the primary AI Lab to extra clients globally,” Samantray added.
TakeMe2Space will concentrate on guaranteeing a easy expertise for its AI-lab clients. The corporate’s go-to-market technique entails adopting TakeMe2Space-developed satellite tv for pc subsystems in India, Australia, and Europe.
In the meantime, Manoj Kumar Agarwal, managing associate at Seafund, commented, “TakeMe2Space has been working tirelessly with its upcoming MOI-1 launch, which will likely be a sport changer in direction of constructing information centres in house. The funding will assist the corporate scale to the following stage and in addition increase its satellite tv for pc subsystems on a world degree.”
Up to now 12 months, TakeMe2Space has grown to over 17 workforce members and constructed over 15 satellite tv for pc sensors and subsystems. The corporate expects income to double within the subsequent 12 months.
Samantray had beforehand instructed AIM that their objective is to make sure all people’s concepts will be taken to house. “You don’t must be in NASA, ISRO, or an IIT to run an experiment in house. Sitting in Kerala, Delhi, and even Antarctica, it’s best to have the ability to function a satellite tv for pc.”
The put up Hyderabad-Based mostly TakeMe2Space Raises ₹5.5 Crore to Launch India’s First AI Lab in House appeared first on Analytics India Journal.
