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SatSure spacetech firm secures $15M in series A πŸŒπŸ›°οΈ

SatSure, an India-based spacetech firm, has successfully rocketed its Series A funding round, managing to secure a whopping $15 million. The round was led by Baring Private Equity Partners (BPEP) India and Promus Ventures.

  • Total funding: A cool $15,000,000 πŸ’°

  • Lead investors: BPEP India, Promus Ventures πŸš€

  • Other investors: Omidyar Network, Xto10x, Force Ventures, Luckbox Ventures, IndigoEdge Advisors πŸ’Ό

  • Stage: Series A πŸ“ˆ

So, what does SatSure plan to do in their "one small step for a startup, one giant leap for spacetech" moment? They're setting their sights on launching four high-resolution optical and multispectral satellites by 2025.

SatSure, taking root in 2017, is all about beaming down space insights using a blend of satellite imagery and AI. The company serves an array of sectors spanning agriculture, climate, and infrastructure, and even helps the finance industry by furnishing them with data insights. πŸŒπŸ›°οΈπŸ’‘