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Sanyark Space raises $2M in pre-seed funding led by Avaana and AUM Ventures to build NAV-COM satellite constellation for navigation and secure IoT communication.
Amount Raised
$2 Million
Round Type
Seed
New DelhiSoftwareSatellite CommunicationNavigationInvestors
Description
Sanyark Space, co-founded by former ISRO scientist Akhileshwar Reddy and Masters' Union student Raghava Kundrapu, has raised $2 million in pre-seed funding. Avaana invested $1.5 million while AUM Ventures contributed $500,000. The company is developing a software-defined low Earth orbit satellite constellation combining precision navigation and secure IoT communication. The funding will support development of the NAV-COM system for both defence and commercial applications.
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Sanyark Space raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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