SpaceTech startup TakeMe2Space has raised Rs 5.5 Crore in a pre-seed round led by Seafund. The round also saw participation from Blume Ventures, Artha Venture Fund, AC Ventures. and other marquee angels. TakeMe2Space plans to use the funds raised towards the launch of MOI-1 – India’s first AI-labratory in space. The Company has successfully finished 2 space missions in collaboration with ISRO’s POEM platform. TM2S demonstrated a novel radiation shielding coat.
Founded in 2024 by Ronak Kumar Samantray, TakeMe2Space is a SpaceTech startup that redefines satellite applications by addressing data processing challenges directly in space. The company aims to provide accessible space research opportunities and democratize space exploration by emphasising on enhancing domestic capabilities in radiation shielding, propulsion systems, and inter-satellite communications, which collectively will further empower the sector.
TakeMe2Space with its upcoming MOI-1 launch will focus to ensure the 15+ early customers for AI-lab have a smooth experience of running their orbital applications. In the short term, the company’s GTM would be focused on doubling down on adoption of TM2S developed satellite subsystems in India, Australia and Europe.
In the last 12 months, TakeME2Space has expanded to a team of 17+ members. The company’s robust engineering staff has built over 15 satellite sensors and subsystems.
Key Achievements:
- AI Execution in Space: MOI-TD successfully demonstrated the ability to uplink large AI models from a ground station, execute external code on the satellite, and securely downlink encoded and encrypted results.
- Full System Validation: The mission successfully tested all critical subsystems, including:
○ Sensors: Sun Sensor, Horizon Sensor, Solar Cell, IMUs
○ Actuators: MagnetoTorquers, AirTorquers, Reaction Wheel
○ Computing Infrastructure: Zero Cube AI Accelerator, POEM Adapter Board
- Operational Success: The AI payload executed multiple real-time processing tasks, validating the system’s ability to process Earth observation data on orbit.
Commenting on the investment, Manoj Kumar Agarwal, Managing Partner, Seafund , says, “As a deep tech focused fund, we believe emerging technologies like space tech have the ability to unlock highly impactful solutions at scale. The Indian space industry has witnessed remarkable technological accomplishments. With the Indian Government’s various initiatives and policy schemes to augment the capabilities in Space technology development will further boost the sector. TakeMe2Space has been working tirelessly with its upcoming MOI-1 launch which will be a game changer towards building data centres in space. The funding will help the company scale to the next stage and also expand its satellite subsystems on a global level.”
The Company aims to scale operations, launch in new regions, expand its product portfolio, strengthen R&D, and drive customer acquisition.
Ronak Kumar Samantray, Founder & CEO, TakeMe2Space, says, “TakeMe2Space is on a mission to democratise space for all. This funding is a testament to our team’s dedication and the impact we are creating in the space tech industry. With the support of our investors, we are excited to accelerate our growth and the first AI Lab to more customers globally.”
Over the next 12 months, the company expects to double its revenues.
According to INVEST INDIA India’s SpaceTech sector is rapidly expanding, driven by technological advancements and government support, with immense potential for growth and global collaboration. This shows a massive potential for TakeMe2Space to grow and be the market leader in this segment.
About Seafund
Seafund is a Category 2 Alternate Investment Fund (AIF) registered with the Securities and Exchange Board of India (SEBI) and is an early stage focused technology fund with Deeptech as one of its underlying themes. The fund provides Capital to mission-driven teams building Technologies of Tomorrow and brings its Commitment, Network and Experience to each of their investments. Their mission is to help the next set of founders, with early Venture Capital, to build highly scalable and efficient Global Businesses. Along with Fintech, Enterprise SaaS and Healthcare, the fund also focuses on AI, Semiconductors, Space, Robotics, Energy, Climate and Materials.
Seafund is run by a stellar founding team comprising of Manoj Kumar Agarwal, Mayuresh Raut and Narendra Bhandari as Partners. They bring rich experience in investing, building and selling technological products, Global GTM and a rich network of domain experts and business leaders. This core team has lived and breathed building businesses across multiple B2B environments. Seafund’s ecosystem of best-of-breed legal, accounting, IP consulting enables them to do faster due diligence, decision-making, and deal closure.
About TakeMe2Space
TM2S was founded in 2024 with a vision to democratise space for all. The company specializes in made in India space technology products and services like , In-orbit computing, like that pioneered by TakeMe2Space, that redefines satellite applications by addressing data processing challenges directly in space. Collaborative research and an emphasis on enhancing domestic capabilities in radiation shielding, propulsion systems, and inter-satellite communications that collectively will further empower the sector.
Media contact:
Bhagyashree Rana : 8669040034
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