IIT-Madras team qualifies for European Hyperloop Week contest thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
GalaxEye, a startup incubated by IIT Madras, has raised a pre-seed round led by Speciale Invest. GalaxEye said it will use the funds to strengthen its space technology and build a world class team India. The company was founded in 2020 by members hived out of Avishkar Hyperloop, a global space technology competition organised by billionaire Elon Musk’s SpaceX. It develops technologies that monitor Earth and outer space, working on a subscription-based Data-as-a-Service model. “We are committed to building the future of Satellite Image Acquisition globally. Our product would enable businesses to make better decisions and perform operations efficiently via Space Technology,” said Suyash Singh, co-founder of GalaxEye.
IIT-Madras incubated space tech startup GalaxEye raises pre seed funding
SECTIONS
Share
Synopsis
The company said the funds will be deployed to strengthen and build robust technology infrastructure, prototype development and build a world-class team to help GalaxEye accelerate the growth of space infrastructure in India.
Agencies
IIT Madras
IIT Madras incubated space tech start-up, GalaxEye on Tuesday announced that it raised a pre-seed round led by Speciale Invest.
The company said the funds will be deployed to strengthen and build robust technology infrastructure, prototype development and build a world class team to help GalaxEye accelerate the growth of space infrastructure in India.
[Funding alert] Spacetech startup GalaxEye raises pre-seed round led by Speciale Invest yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.