SatLeo Labs raises $3.3 Mn in pre-seed round led by Merak Ventures

Here’s a structured breakdown of the relevant details from the information provided:

Startup Details

• Startup: SatLeo Labs
• Founders: Ranendu Ghosh and Shravan Bhati
• Sector: Spacetech, Thermal Imaging

Funding Details

• Funding Series: Pre-Seed
• Amount Raised: $3.3 million
• Funding Date: Not specified in the text

Investors

• Lead Investor: Merak Ventures
• Co-Investor: Huddle Ventures
• Additional Participants:
  • GVFL
  • Java Capital
  • IIMA Ventures
  • PointOne Capital
  • Angel Investors: Manish Gandhi, Dheer Baldua

Purpose of Funds

• Development of proprietary thermal imaging payload
• Team expansion
• Regulatory approvals
• Infrastructure enhancements

Startup Location

• Headquarters: Ahmedabad, India

Technology Focus

• Development of dual-band, fused multispectral imaging systems
• Applications in agriculture, energy, urban planning, and strategic surveillance
• Addressing climate change risks (crop loss, wildfires) and contributing to sustainable development

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2025-04-30 05:09:45