News > Space startup GalaxEye raises $10M from MountTech, others to launch a satellite in 2025

Space startup GalaxEye raises $10M from MountTech, others to launch a satellite in 2025

Financialexpress | 06/11/2024 05:41 PM | Click to read full article

The round also saw investment from venture capital funds including Mela Ventures, Speciale Invest, ideaForge, Samarthya Investment Advisors and Infosys who disclosed its strategic investment in the company earlier last month. The deal marks MountTech’s maiden investment since its first close announcement in July this year to support solutions that boost India’s national security and technology independence.

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