Spacetech startup Digantara raises $50 million in Series B round

Spacetech company Digantara has raised $50 million in a Series B funding round led by 360 ONE Asset, SBI Investments Co. of Japan, and Ronnie Screwvala.

Existing backers Peak XV Partners and Kalaari Capital also participated in this round.

The startup plans to use the funding to expand globally beyond India and the US, establish new manufacturing facilities for optical systems and satellite production, and scale its research and development teams.

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“What stood out about Digantara is their commitment to building the full-stack infrastructure. From the outset, the founding team’s blend of technical expertise and business acumen stood out, an essential combination for long-term success,” said Sameer Nath, CIO and Head, Venture Capital and Private Equity, 360 ONE Asset.

“Space is no longer a frontier; it is the new high ground for national security. Adversaries of the future will seek asymmetric advantage where sensing, automation, and latency matter most,” said Anirudh Sharma, Founder and CEO, Digantara.

“This capital accelerates our path to operational readiness, expands into the US and Europe, and drives new programs in missile warning, tracking, and space-based interceptors to deliver real deterrence and multidomain superiority," he added.

The startup last raised $10 million in a Series A1 round in 2023, led by Peak XV Partners and Kalaari Capital, with participation from Global Brain, Campus Fund, and individual investors.

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About Digantara 

Founded in 2020 as a space situational awareness company, Digantara is now expanding into a full-stack space surveillance and intelligence company. It is building its own hardware, software, and intelligence systems to support national security and strategic independence.

The company plans to enter Europe next year and offers an integrated platform called AIRA, which combines space-based sensors with ground systems.

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