GalaxEye Secures $10M for Satellite Launch

Indian spacetech startup GalaxEye has raised $10 million in Series A funding, with a mission to launch an all-weather, high-resolution satellite by 2025.

• Funding Highlights: The $10 million Series A round was led by MountTech Growth Fund - Kavachh as a strategic investor. Other investors include Mela Ventures, Speciale Invest, ideaForge, Samarthya Investment Advisors, and Infosys, which recently invested in GalaxEye.

• About GalaxEye: Founded in 2020 by Suyash Singh, Denil Chawda, Kishan Thakkar, Pranit Mehta, and Rakshit Bhatt, GalaxEye specializes in multi-sensor satellite imaging technology for critical data insights.

• Satellite Launch Plans: Funding will fast-track the launch of GalaxEye’s high-resolution, all-weather satellite in 2025.

• Future Vision: GalaxEye aims to deploy a constellation of micro-satellites by 2027 to deliver real-time data to both governmental and private sectors globally.

GalaxEye is transforming data accessibility for critical sectors, paving the way for a new era in satellite-based insights and innovation.