Orbitt Space has raised $1 million in pre-seed funding to develop next-gen satellite propulsion technology, led by pi Ventures. The funding aims to unlock new satellite operations in Ultra Low Earth Orbit.
May 28, 2025•7 months ago
Amount Raised
$1 Million
Round Type
pre-seed
Investors
Iima VenturesPi Ventures
Description
Orbitt Space, founded by ex-Isro scientists, has secured $1 million in pre-seed funding for breakthrough propulsion technology. The Ahmedabad-based startup is developing an air-breathing electric propulsion system for long-duration missions in Ultra Low Earth Orbit. The funding round was led by pi Ventures, with participation from IIMA Ventures. This innovation aims to address challenges in congested space environments.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers