Peak XV Partners is a venture capital firm that has recently expanded its investment portfolio into the space technology sector. Their initial investment in the space industry was leading a $10 million Series A funding round in Digantara, an Indian spacetech startup focused on space situational awareness. Digantara is developing a Space-Mission Assurance Platform (Space-MAP) to track space debris and provide data-on-demand services to space-faring organizations. This investment signifies Peak XV's interest in supporting the growth of sustainable space operations and SSA infrastructure.
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Indian startup Digantara raised $10,000,000 in a Series A round led by Peak XV Partners to develop small satellites with electro-optical sensors to collect space situational awareness data.
Digantara raised $10,000,000 in a Series A1 funding round announced on 2023-06-20 led by Peak XV Partners.