TakeMe2Space Raises $5 Mn To Expand Its Satellite Constellation

Spacetech startup TakeMe2Space has secured $5 Mn (about INR 44.9 Cr) in its seed round, led by Chiratae Ventures, with participation from Artha Venture Fund, SeaFund and Unicorn India Ventures.

The startup will use the fresh capital to expand its satellite constellation to six spacecraft, leading to about 5 kW of compute capability in-orbit. These satellites would also be capable of communicating with each other via optical satellite link (OSL), paving the way for TakeMe2Space to build a larger high throughput network in orbit, the startup said.

Additionally, it plans to expand its presence across India, the US, and Australia, as well as strengthen partnerships with ground station providers and AIT (assembly, integration and testing) companies.

A portion of the capital will be used to expand the engineering and global sales teams and accelerate R&D efforts.

“This year has started with the launch of MOI-1, our first major orbital satellite powering OrbitLab. I am excited for the next phase of TM2S where we will grow from a single satellite based solution to a networked satellite based solution. This will help offer our customers a near real-time compute service,” founder and CEO Ronak Kumar Samantray said.

Founded in 2024 by Samantray, TakeMe2Space offers in-orbit data processing by building AI-inferencing infrastructure in Low Earth Orbit. Its “Made-in-India” satellites enable users to upload models and process data directly in space via its OrbitLab platform — at just $2 per minute. 

Prior to this round, the Hyderabad-based startup raised $629.5K in pre-seed funding last year. It also featured in Inc42’s ‘30 Startups To Watch’ edition of June 2025.

TakeMe2Space aims to build an AI-first data centre in space, reducing the cost by 5-8X in sectors like agriculture, mining, logistics, and environmental monitoring.

The startup claimed that during the MOI mission, it became the first to demonstrate the ability to uplink large AI models from a ground station, execute external code on a satellite, and securely downlink encrypted results. It also claimed to have proven its radiation shielding coating in orbit, which extends satellite operational life while enabling the use of standard electronic components.

This comes at a time when India’s spacetech market is set to grow to $77 Bn by 2030. Spacetech startups raised $530 Mn in 2025, marking a 13X jump over the past five years. 

For instance, Digantara bagged $50 Mn for space surveillance about a month ago, while SpaceFields secured $5 Mn to build rocket propulsion systems in September last year.