Spacetech Startup Digantara Raises $50 Mn For Global Expansion

Bengaluru-based spacetech startup Digantara has raised $50 Mn (about INR 454.4 Cr) in its Series B round to expand its space surveillance capabilities.

The round saw participation from SBI Investments Co Japan, 360 One Asset and entrepreneur Ronnie Screwvala. Existing backers Peak XV Partners and Kalaari Capital also participated in the round. 

In a statement, Digantara said that it will use the capital for global expansion beyond India and the US, setting up new manufacturing facilities for optical systems and satellite production, and doubling its R&D teams globally over the coming year.

The startup plans to launch a total of 15 space surveillance satellites over 2026-27. It is also developing two dedicated missile-warning satellites, marking a deeper move into defence and national security use cases.

Source: Inc42 Datalabs

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Founded in 2020 by Anirudh Sharma, Rahul Rawat, and Tanveer Ahmed, Digantara builds hardware, software and AI-based tools to track objects and debris in space. Its customers include governments and defence agencies in India, the US, the UK, Singapore, Australia and Japan. The startup plans to foray into Europe by mid-2026.

It operates a commercial space surveillance satellite ‘SCOT’, which was launched in January 2025. Digantara claims all its hardware is designed and manufactured in Bengaluru.

The funding comes at a time when space traffic and debris management is becoming a major concern, especially in low Earth orbit, which is seeing rapid growth in commercial satellite launches. 

Digantara is positioning itself to tap into the global space monitoring and intelligence market, estimated to be worth around $60 Bn.

Earlier this year, the startup said it would invest $10-15 Mn to set up a spacecraft manufacturing and space optics facility in Colorado, US. The state had committed around $1 Mn in incentives to support this expansion. 

The startup has already secured multiple contracts from US defence agencies, including the Air Force and Space Force. It is also working on programmes led by the Space Rapid Capability Office and Space Systems Command. 

Alongside the US expansion, Digantara also set up a 25,000 sq ft satellite assembly, integration and testing facility in Bengaluru. 

Digantara was also said to be targeting $25-30 Mn in revenue over the next two to three years, largely from defence and government contracts in India and overseas.

Prior to this round, it had raised about $14.5 Mn in funding from investors like Kalaari Capital and SIDBI Venture Capital.