The pre series A round also saw participation from existing investors Huddle Ventures and Alteria Capital, alongside angel investors including Mokobara founders Sangeet Agrawal and Navin Parwal and Tracxn founder Abhishek Goyal.
The fresh capital will be deployed to accelerate the Mumbai-based brand's omnichannel growth, particularly focusing on expanding offline retail presence.
The capital will be deployed towards the development of SatLeo's proprietary dual-band thermal imaging payload, regulatory clearances, team expansion, and infrastructure enhancement, enabling the company to scale its space-based intelligence offerings.