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XDLINX Space Labs raised $7 million in a seed funding round led by Ashish Kacholia of Lucky Investments to accelerate the manufacturing of next-generation payloads for defense and commercial missions.

PRIVATEOct 07, 2024

Amount Raised

$7 Million

Round Type

Seed

HyderabadAerospace

Investors

E2 McMana VenturesAshish KacholiaLucky Investments

Description

XDLINX Space Labs successfully completed a $7 million seed funding round to build next-generation payloads for defense and commercial missions. The funding was led by Ashish Kacholia of Lucky Investments, with additional investments from E2MC, Mana Ventures, and a prominent family office.

Quick answer

XDLINX Space Labs raised $7 Million in a Seed round, dated October 7, 2024. Investors: E2 Mc, Mana Ventures, Ashish Kacholia and Lucky Investments. XDLINX Space Labs is based in Hyderabad, Telangana, India.

How much did XDLINX Space Labs raise?
XDLINX Space Labs raised $7 Million in a Seed round on October 7, 2024.
Who invested in XDLINX Space Labs?
E2 Mc, Mana Ventures, Ashish Kacholia and Lucky Investments are named as investors in this round.
What does XDLINX Space Labs do?
XDLINX Space Labs is a space start-up founded in 2022 in Hyderabad, focusing on redefining space missions through innovative satellite technology.
Where is XDLINX Space Labs based and how big is it?
XDLINX Space Labs is based in Hyderabad, Telangana, India. Fundz records about 56 employees.
Who are the decision-makers at XDLINX Space Labs?
Fundz holds 1 contact at XDLINX Space Labs. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace around the same time

Companies in the same sectors as XDLINX Space Labs that raised within 45 days of this round, from Fundz verified event records.

  • Pixxel Space Technologies, Inc. raised $5M (Seed) on November 15, 2024.
  • ePlane Company raised $14M (Funding Round) on November 14, 2024.
  • Lunar Outpost raised an undisclosed amount (Series A) on November 13, 2024.
  • Vatn Systems raised $13M (Seed) on November 12, 2024.
  • Firefly Aerospace raised $175M (Series D) on November 12, 2024.
  • Beta Technologies raised $318M (Series C) on October 31, 2024.

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Company Information

Company

XDLINX Space Labs

Location

Hyderabad, Telangana, India

About

XDLINX Space Labs is a space start-up founded in 2022 in Hyderabad, focusing on redefining space missions through innovative satellite technology. The company aims to make advanced satellite capabilities accessible to a broader range of clients while contributing to India's role in the global space race. Their notable projects include the successful launch of JANUS-1 and the upcoming Elevation-1 mission. XDLINX is committed to using 75 percent indigenous subsystems in its designs.

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XDLINX Space Labs 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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