This is notably the first space-tech investment by the Sequoia and also the first official funding announcement since restructuring from Sequoia India.
Founded in December 2018 by Indian engineers Anirudh Sharma, Rahul Rawat and Tanveer Ahmed, Digantara has raised $12.5 million till date, including the seed round of $2.5 million from Kalaari Capital in July 2021.
Digantara will use the freshly raised funds to build its commercial space situational awareness satellites, as part of its infrastructure as well as to expand its team and set up a new office in Bengaluru.
Digantara, which specializes in space weather and space debris-tracking, is building its space data mapping service.
Digantara has successfully launched its second satellite named Pushan-Alpha onboard SpaceX's Transporter 6 mission on January 3.
Bengaluru-based Digantara is a space situational awareness company that is developing an end-to-end infrastructure to address the difficulties of space operations and space traffic management through its pioneering Space - Mission Assurance Platform a.k.a. Space-MAP, which will serve as a one stop solution for all space operations with products offered through a data feedback loop using multi modal data sets. This platform will be as powerful and sophisticated as Google Maps, serving as a foundational layer for space operations and astrodynamics research.
Digantara is presently working with the Indian space agency Indian Space Research Organisation (ISRO) to source satellite data, among others.
In January, Digantara was recognised as Winner under “Space” category by Startup India for their efforts towards building sovereign SSA capability at National Startup Awards 2022.
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