Startup Funding Tracker

GalaxEye funding, investors and company details

GalaxEye is an emerging Aerospace startup from Bengaluru, working in the space of Multi-sensor Earth observation satellites featuring proprietary SyncFusion technology that combines Synthetic Aperture Radar (SAR) and optical imaging for high-resolution. Founded by Satya Chakravarthy, Suyash Singh, Denil Chawda, Kishan Thakkar, Pranit Mehta, Rakshit Bhatt.

  • Company: GalaxyEye Spacw
  • Sector: Aerospace
  • Location: Bengaluru
  • Founders: Satya Chakravarthy, Suyash Singh, Denil Chawda, Kishan Thakkar, Pranit Mehta, Rakshit Bhatt
  • Total funding raised: ₹168.03 Cr

Company overview

GalaxyEye develops multi-sensor Earth observation satellites featuring proprietary SyncFusion technology that combines Synthetic Aperture Radar (SAR) and optical imaging for high-resolution, all-weather, day-and-night imagery. The Drishti Mission, its flagship satellite constellation, delivers sub-meter resolution data for applications in defense, agriculture, aquaculture, mining, disaster response, and infrastructure monitoring through a Data-as-a-Service model. The Bengaluru-based startup, incubated at IIT Madras, operates the GalaxEye Blue platform for AI-powered analytics like supply forecasting and water quality monitoring, with recent launches including GLX-SQ tech demo and plans for enhanced satellites targeting global defense markets.

Funding rounds

  • Latest round (Series A): $ 10.00 Mn (₹84.56 Cr.), 2024-11-06. Investors: MountTech Growth Fund
  • Past round (Series A): $ 6.50 Mn (₹54.52 Cr.), 2024-08-01. Investors: ideaForge, Speciale Invest, Rainmatter (Zerodha), Navam Capital, Faad Capital, Anicut Capital
  • Past round (Seed): $ 3.50 Mn (₹28.95 Cr.), 2022-12-15. Investors: Artha India Ventures, Veda VC, Anicut Capital, Upsparks Capital, Nikhil Kamath (Zerodha), Prashant Pitti (EasyMyTrip), Abhishek Goyal (Tracxn), Ganpathy Subramaniam (Celesta Capital)