Astrome Technologies secures Rs 64.05 crore in government-backed RDI funding from Technology Development Board to develop AI-powered satellite constellation.
Amount Raised
₹641 Million
Round Type
Debt Financing
BengaluruTelecommunicationsInvestors
Description
Astrome Technologies has secured Rs 64.05 crore from the Technology Development Board (TDB) under the Department of Science and Technology to develop an AI-powered electronic intelligence satellite constellation. The funding is structured as optionally convertible debt, part of a total estimated project investment of Rs 128.11 crore. The project will support the development and deployment of approximately 50-kg microsatellites in low Earth orbit with ELINT payloads and AI-based ground processing software. The satellite network aims to strengthen India's domestic capabilities in satellite-based signal intelligence and strategic space technologies.
Quick answer
Astrome Technologies raised ₹641 Million in a Debt Financing round, dated November 13, 2026. Investors: Technology Development Board. Astrome Technologies is based in Bengaluru, Karnataka, India.
- How much did Astrome Technologies raise?
- Astrome Technologies raised ₹641 Million in a Debt Financing round on November 13, 2026.
- Who invested in Astrome Technologies?
- Technology Development Board is named as investors in this round.
- What does Astrome Technologies do?
- Astrome is a deeptech startup that is accelerating the deployment of 5G and rural telecommunication infrastructure through its patented millimeter wave E-band radios and satellite communication products.
- Where is Astrome Technologies based and how big is it?
- Astrome Technologies is based in Bengaluru, Karnataka, India. Fundz records about 52 employees.
- Who are the decision-makers at Astrome Technologies?
- Fundz holds 2 contacts at Astrome Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Telecommunications around the same time
Companies in the same sectors as Astrome Technologies that raised within 45 days of this round, from Fundz verified event records.
- VectorMAX raised $6K on November 1, 2026.
- Wytec International raised $125K on October 14, 2026.
- Foundational raised $11M (Pre-Seed) on October 1, 2026.
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