Spacetech startup TakeMe2Space secured Rs 5.5 crore in a pre-seed funding round led by Seafund. The round also included investments from Blume Ventures, Artha Venture Fund, AC Ventures, and other prominent angel investors. The startup plans to allocate these funds toward launching MOI-1, India’s first AI laboratory in space. TakeMe2Space has already completed two space missions in collaboration with ISRO’s POEM platform, successfully demonstrating a novel radiation shielding coat.
Revolutionizing Satellite Applications
Founded in 2024 by Ronak Kumar Samantray, TakeMe2Space tackles data processing challenges directly in space. The startup is redefining satellite applications by making space research more accessible and democratizing space exploration. Its focus lies in enhancing domestic capabilities in radiation shielding, propulsion systems, and inter-satellite communications. By advancing these technologies, TakeMe2Space is empowering the broader space sector.
“TakeMe2Space is on a mission to democratize space for all. This funding is a testament to our team’s dedication and the impact we are creating in the spacetech industry. With the support of our investors, we are excited to accelerate our growth and bring the first AI Lab to more customers globally,” said Ronak Kumar Samantray, Founder & CEO, TakeMe2Space.
Driving Adoption of TakeMe2Space Technologies
With the upcoming launch of MOI-1, TakeMe2Space is committed to ensuring a seamless experience for its 15+ early customers using the AI laboratory for orbital applications. In the short term, the startup’s go-to-market (GTM) strategy focuses on increasing the adoption of TakeMe2Space-developed satellite subsystems in India, Australia, and Europe.
Over the past 12 months, the startup has grown to a team of 17+ professionals. Its robust engineering workforce has successfully developed over 15 satellite sensors and subsystems. The company’s technology addresses critical challenges in space, including radiation shielding and efficient inter-satellite communication, which will pave the way for future advancements in space infrastructure.
“The Indian space industry has witnessed remarkable technological advancements. The Indian Government’s various initiatives and policy schemes to enhance capabilities in space technology will further boost the sector. TakeMe2Space is working tirelessly on its upcoming MOI-1 launch, which will be a game changer in building data centers in space. This funding will enable the company to scale to the next stage and expand its satellite subsystems globally,” said Manoj Kumar Agarwal, Managing Partner, Seafund.
Expanding Global Reach and Scaling Operations
TakeMe2Space aims to scale its operations, expand to new regions, and strengthen its research and development (R&D) efforts. The startup is working to diversify its product portfolio and drive customer acquisition across global markets.
Over the next 12 months, TakeMe2Space expects to double its revenues, further solidifying its position as a leading player in the spacetech industry. The startup is actively collaborating with partners to improve AI-driven applications for satellite missions and space-based data centers. With increasing investments and technological advancements in the Indian space sector, TakeMe2Space is poised for rapid growth.
India’s SpaceTech Boom and Future Prospects
According to INVEST INDIA, India’s SpaceTech sector is expanding rapidly, driven by cutting-edge technological developments and government support. The sector presents immense potential for growth and global collaboration, positioning India as a major player in the international space industry.
TakeMe2Space is leveraging this momentum to develop cutting-edge solutions for satellite applications, ensuring that India remains at the forefront of space innovation. With strong investor backing and a clear mission, the startup is set to redefine space exploration and data processing in the years ahead.