InspeCity raises $1.5 million for servicing satellites
Apr 25, 2023
Pre-Seed Funding Round
Moneycontrol
InspeCity raises $1.5 million for servicing satellites, building 'space cities'
VCCircle
Spacetech startup InspeCity has secured $1.5 million (Rs 12.3 crore) in a pre-seed funding round co-led by deeptech venture capital firm Speciale Invest, Antler India and Veda VC. The round also saw participation from Anicut Capital, DeVC India and others.
INC42
Aiming to build the first city in a suitable orbit between Earth and the moon, spacetech startup InspeCity has raised $1.5 Mn in a pre-seed funding round led by deeptech investor Speciale Invest. The startup’s vision is to address the problem of resource scarcity on Earth. It is currently developing enabling technologies for building such cities, with autonomous robotic platforms, the technology that allows it to service satellites in all orbits.