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Deeptech startup Acculi Labs raises $1.5 Mn

EntrackrEntrackr · 1y ago
Deeptech startup Acculi Labs raises $1.5 Mn
Medial

Acculi Labs, a deep-tech life growth solution provider, has raised $1.5 million in a new investment round at a valuation of $25 million led by Sabi Holding India Ltd. The Bengaluru-based company had earlier raised Rs 5 crore in a seed funding round led by PirE Ventures back in 2020. The fresh fund will be utilized to accelerate the development of its conscious AI insights systems, enhance its manpower, operational efficiency, infrastructure development, Acculi Labs said in a press-release. Co-founded in May 2017 by Rupam Das and Hari Prasath M, Acculi Labs aims to make home-based care available to the patients. The company’s flagship product, Lyfas, enables easy and regular early diagnostics and monitoring for early-stage asymptomatic patients and helps them to approach their doctor at an early stage. According to Acculi Labs, it expanded offerings from an initial cardiac health assessment system to a comprehensive suite of health solutions with the launch of Lyfas.The platform claims that its mobile application is capable of non-invasively capturing psychophysiological biomarkers and delivering a detailed health report within three minutes. The company has developed Lyra, a cutting-edge, conscious AI that bridges the gap between carbon and silicon life forms. It has also launched Lyfas Udyam initiative, which provides a micro entrepreneurial circular economy for small entrepreneurs to start and run their businesses, leveraging the ecosystem, processes, and finance.

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EON Space Labs bags $1.2 Mn in pre-Series A round

EntrackrEntrackr · 18d ago
EON Space Labs bags $1.2 Mn in pre-Series A round
Medial

EON Space Labs, a Hyderabad-based deeptech startup, specialising in imaging technologies, has raised $1.2 million (approx Rs 10.5 crore) in a pre-Series A funding round led by MGF Kavachh along with participation from HHV Advanced Technologies. The proceeds will be deployed to scale manufacturing of its AI-driven electro-optical and infrared payloads, expand the engineering team, and support upcoming product launches, EON said in a press release. Co-founded in 2022 by Sanjay Kumar, Punit Badeka, and Manoj Kumar Gaddam, EON Space Labs is an IIT Madras incubated deeptech startup developing next-generation Earth Observation (EO) imaging payloads for satellites, drones, and ground systems. The startup designs and manufactures miniaturised high-resolution electro-optic and infrared (EO/IR) systems that are up to three times lighter and more compact than conventional payloads, reducing deployment costs without compromising image quality. EON’s flagship products, the MIRA space telescope, which is under validation, and the LUMIRA EO/IR platform, which has been certified to military standards, showcase its vertically integrated model from optical design to in-house prototyping and manufacturing which ensures speed, precision, and control across the entire value chain. The startup is also building global partnerships to tap international markets, with multiple commercial orders already secured following successful proof of concept demonstrations. It plans to launch four new variants of its LUMIRA EO/IR imaging systems, designed for long-range detection of humans, vehicles, threats, and UAVs through drone and ground-based surveillance platforms.

Astrogate Labs raises $1.3 Mn led by Piper Serica

EntrackrEntrackr · 5m ago
Astrogate Labs raises $1.3 Mn led by Piper Serica
Medial

Astrogate Labs raises $1.3 Mn led by Piper Serica Spacetech startup Astrogate Labs has secured $1.3 million in its pre-Series funding led by Piper Serica Angel Fund. The proceeds will be used to accelerate further the development of its laser communication terminals for space and additional use cases in terrestrial and airborne applications, scale operations, and strengthen partnerships with space agencies and defense organizations. Founded by Nitish Singh, Yogeshwaran J, and Subhajit Chakraborty, Astrogate Labs provides technology to improve data downlink for small satellite constellations, helping them transmit data more efficiently to the ground. With over 25,000 small satellites expected to be in orbit by 2030, current radio frequency systems face severe bandwidth limitations and spectrum congestion. Astrogate's laser communication solutions claim to provide a scalable alternative for high-speed up to 10 Gbps, secure data transmission. Astrogate Labs has also received recognition for its technology innovations including DRDO Dare to Dream 4.0 and graduated from the Seraphim Space Accelerator APAC Program in 2023. The Bengaluru-based company has been backed by Speciale Invest, SatSure and Anicut Capital, who provided early funding to support the development of its innovative technology.

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