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The new facility, spanning 25,000 square feet in Hebbal, Bengaluru, serves as a satellite assembly, integration and testing (AIT) facility. The Bengaluru-based startup is currently planning to launch a constellation of space-based space surveillance satellites.
The latest capital infusion marks the final close of the Bengaluru-based startups Series A stage of funding at $12 million. In June 2023, Digantara had raised $10 million led by Peak XV Partners (formerly Sequoia Capital India and Southeast Asia).
India News: Bengaluru-based space startup Digantara has raised an additional $2 million in financing. The funding round saw participation from investors like Aditya Birla Ventures and the Small Industries Development Bank of India. Digantara aims to provide comprehensive datasets and precise orbital insights to ensure space safety.