QOSMIC Bags $3.3 Mn To Build Laser-Based Satellite Communication Systems
India, June 24 -- Spacetech startup QOSMIC has raised $3.3 Mn (about Rs.31 Cr) in its seed funding round led by Accel and Prosus, with participation from South Park Commons, ARTPARK and angel investor Manish Jain.
The Bengaluru-based startup plans to use the fresh capital to deploy operational optical ground stations and satellite communication terminals for global customers.
A portion of the funds will also be used to scale its integration, testing and manufacturing capabilities and to hire talent across optical, mechanical and electronics domains.
Notably, QOSMIC was among the six startups selected for the inaugural Atoms X cohort, a joint initiative launched by Accel and Prosus to back founders building breakthrough science-led inno...
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