Digantara Secures $10 Million in Series A Funding Round to Revolutionize Space Situational Awareness
June 21, 2023
Bengaluru, Karnataka, India — Digantara, a pioneering space situational awareness company, announced today that it has successfully raised $10 million in its Series A funding round. The investment was led by Kalaari Capital and Peak XV Partners, renowned venture capital firms known for their strategic investments in disruptive technologies.
Digantara is revolutionizing the defense and space manufacturing industry with its cutting-edge Space-Mission Assurance Platform, also known as Space - MAP. The platform is being developed to address the complexities and challenges of space operations and space traffic management, providing an end-to-end infrastructure for enhanced space situational awareness.
Space-MAP, a powerful and sophisticated solution comparable to Google Maps, will serve as the foundational layer for space operations and astrodynamics research. By utilizing a data feedback loop with multi-modal data sets, Digantara's platform offers a comprehensive suite of products, empowering users to optimize their space operations and make informed decisions.
"We are thrilled to announce the successful completion of our Series A funding round, raising $10 million," said Anirudh Sharma, the visionary Founder of Digantara. "This investment will enable us to accelerate the development of Space - MAP, a game-changing platform that will reshape the future of space situational awareness. With the support of Kalaari Capital and Peak XV Partners, we are confident in our ability to establish Digantara as a global leader in the space industry."