GalaxEye, an emerging spacetech startup, has raised approximately ₹44.2 crore in an extended Series A funding round, backed by its existing investors. The round witnessed participation from prominent investors including Speciale Invest, Mela Ventures, Rainmatter, MountTech Growth Fund (Kavachh), Anicut Capital, Navam Venture Fund, Faad Capital, LV Angel Fund, Eraya Capital, along with select individual investors.

Founded in 2021 by Suyash Singh, Denil Chawda, Kishan Thakkar, Pranit Mehta, and Rakshit Bhatt, GalaxEye focuses on building advanced multi-sensor earth observation satellites. These solutions are designed to deliver high-resolution imaging and actionable geospatial intelligence across sectors such as defence, agriculture, infrastructure, and disaster management.

The fresh capital infusion is expected to accelerate product development, strengthen technological capabilities, and expand deployment of its satellite solutions. The funding also reflects growing investor confidence in India’s rapidly evolving spacetech ecosystem.

CXO TechBOT wishes great success in this new role.