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Deep-tech startup Aule Space raises $2 Mn in pre-seed round led by pi Ventures

EntrackrEntrackr · 1m ago
Deep-tech startup Aule Space raises $2 Mn in pre-seed round led by pi Ventures
Medial

Deep-tech startup Aule Space has raised $2 million in a pre-seed funding round led by pi Ventures, with participation from angel investors including Eash Sundaram and Arvind Lakshmikumar. The startup has been part of the Entrepreneurs First accelerator programme and is backed by the Transpose Platform. The proceeds will be used to expand the engineering team, build ground infrastructure for docking tests, and advance the development of its first demonstration satellites, set to launch next year. Co-founded in 2024 by Jay Panchal, Nithyaa Giri, and Hrishit Tambi, Aule Space is developing satellites capable of approaching and attaching to other satellites in orbit. This technology aims to extend the life of high-value satellites, inspect space assets, and safely retire non-functional satellites, enhancing sustainable and cost-effective space operations. Aule Space addresses satellite fuel scarcity with its autonomous jetpack satellite, docking with existing GEO satellites to extend operational life by up to six years. The Bengaluru-based startup's upcoming satellites will validate Rendezvous, Proximity Operations, and Docking (RPOD) capabilities. Their technology includes a satellite-agnostic docking mechanism combined with AI-driven algorithms, creating lightweight and cost-efficient RPOD-enabled satellite fleets. Aule Space plans demonstration RPOD satellite launches next year to validate its technology and prepare for commercial deployment. Long-term aspirations include operating a robotic workforce for the space economy. Similar Indian companies include Orbitaid, Inspecity, and Cosmoserve, with global competition from Northrop Grumman, which has completed non-cooperative docking at a cost.

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Space tech startup Akashalabdhi raises $1.2 Mn in pre seed round

EntrackrEntrackr · 5m ago
Space tech startup Akashalabdhi raises $1.2 Mn in pre seed round
Medial

Snippets Space tech startup Akashalabdhi raises $1.2 Mn in pre-seed round The proceeds will be used to develop ANTARIKSHAB, an expandable space habitat designed for orbital logistics, microgravity experiments, space habitation, and defense applications. Akashalabdhi, a space tech startup developing expandable space habitats and dual-use defense technologies, has raised $1.2 million in a pre-seed funding round from Uday Chatterjee, Romesh Sobti, Suraj Nalin, LVX, 1Crowd, and Riceberg Ventures. "Our vision is clear. We want to put India at the forefront of orbital infrastructure and space habitation by innovating dual-use technologies. The successful close of our pre-seed funding round is a significant milestone that brings us closer to this goal. With the support of our investors, we are one step closer to making ANTARIKSHAB a global reality,” said Siddharth Jena, Founder of Akashalabdhi. Incubated at FSID, Indian Institute of Science (IISc), and TIDES, IIT Roorkee, and supported by KickSky Accelerator, the company leverages research and mentorship to transform visionary concepts into scalable solutions.

Deep-tech robotics startup Armatrix raises $2.1 Mn led by pi Ventures

EntrackrEntrackr · 7h ago
Deep-tech robotics startup Armatrix raises $2.1 Mn led by pi Ventures
Medial

https://entrackr.com/snippets/deep-tech-robotics-startup-armatrix-raises-21-mn-led-by-pi-ventures-11152392 Deep-tech robotics startup Armatrix raises $2.1 Mn led by pi Ventures The proceeds will be used to complete the development of its proprietary snake-like flexible robotic arm technology, expand the engineering and R&D team, and accelerate pilot deployments. Deep tech robotics startup Armatrix has raised $2.1 million in a pre-seed funding round led by pi Ventures, with participation from Inuka Capital, Boundless Ventures, Boost VC, Turbostart, and returning investor gradCapital. The proceeds will be used to complete the development of its proprietary snake-like flexible robotic arm technology, expand the engineering and R&D team, and accelerate pilot deployments with industrial customers, the company said in a press release. Co-founded in 2024 by Vishrant Dave, Prateesh Awasthi, and Ayush Ranjan, Armatrix develops snake-like, hyper-redundant robotic manipulators designed to operate in hazardous and confined industrial environments. The Bengaluru-based company aims to automate operations in hazardous and confined environments across sectors such as shipbuilding, nuclear, oil and gas, and aviation, where fatal injuries related to confined space work have been reported. Inspection and maintenance of critical infrastructure such as storage and fuel tanks, hulls, and reactors often require human entry into dangerous spaces. According to market research, the global robotics maintenance market was valued at $41.66 billion in 2023 and is projected to reach $150 billion by 2032. Armatrix's core technology focuses on reachability and actuation systems. Its robotic arm features high flexibility for seamless navigation, modular end effectors, and an AI-based navigation system that enables real-time adaptability. "Our mission is to move from a reactive, high-cost maintenance model to a proactive, zero-downtime standard, creating a paradigm shift in industrial inspection and maintenance. This funding enables us to scale from proof of concept to early adopters and validate the platform across real-world inspection and operational use cases," said Vishrant Dave, co-founder and CEO of Armatrix Automations. Looking ahead, Armatrix aims to emerge as a globally competitive deep tech robotics company, building AI-native, high-performance robotic systems that set new benchmarks in safety, precision, and efficiency for mission-critical industrial operations.

Clean Fanatics raises $2 Mn in seed round led by Inflection Point Ventures

EntrackrEntrackr · 7m ago
Clean Fanatics raises $2 Mn in seed round led by Inflection Point Ventures
Medial

Clean Fanatics raises $2 Mn in seed round led by Inflection Point Ventures Clean Fanatics, a premium platform offering home services, has raised Rs 17 crore ($2 million) in a seed funding round led by Inflection Point Ventures (IPV). The round also saw participation from Blume Founders Fund, Let’s Venture (now LVX), Trica, TiE Angels, and several prominent angel investors. The proceeds will be used to expand the team, upgrade the technology infrastructure, and scale new service verticals including civil construction and home renovation. Founded by BJ Arun, Clean Fanatics specializes in services such as deep cleaning, painting, marble polishing, and home renovation. The firm claims that it is currently generating a monthly recurring revenue (MRR) of Rs 2 crore in Bengaluru alone, servicing over 2,500 homes every month. Over the last 24 months, Clean Fanatics has grown its revenue by 8x, backed by strong customer referrals and operational efficiency.

Fresh From Farm raises $2 Mn in pre Series A round

EntrackrEntrackr · 1y ago
Fresh From Farm raises $2 Mn in pre Series A round
Medial

Fresh From Farm, a B2B2C platform for fresh fruit demand, has raised $2 million in its pre-Series A round led by Ashish Kacholia, founder of Lucky Investments. Inflection Point Ventures also participates in the round. The proceeds will be used for team expansion, tech enhancement, and to introduce new product lines. Fresh From Farm has also provided a partial exit to early investors offering more than 400% returns. Its early investor IPV led Rs 3 crore seed round in the company in November 2022. Founded by Rohit Nagdewani, Fresh From Farm uses a proprietary tech interface to predict and create a demand-supply equilibrium to minimise wastage of fresh produce. Its falgship product F3 converts fruit vendors into mini-franchises and sources, grades and handles fruit for them allowing them to focus on only sales. Fresh From Farm claims to have an ARR of Rs 40 crore with an aim to touch Rs 100 crore by this calendar year end. Other notable startups in the same space include Vegrow and Ninjacart.

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