Spacetech startup Galaxeye has secured $10 million in Series A funding.
The funding round was led by MountTech Growth Fund – Kavachh, with participation from Mela Ventures, Speciale Invest, ideaForge, Samarthya Investment Advisors, and Infosys.
Galaxeye plans to use the funding to launch a high-resolution, all-weather satellite in 2025, providing multi-sensor data for sectors like defense, agriculture, and insurance.
By 2027, the startup aims to deploy a constellation of micro-satellites for real-time insights to government and private sectors.