Spacetech startup Digantara has raised $50 million in a Series B funding round led by 360 ONE Asset, SBI Investments Co. of Japan, and Ronnie Screwvala. Existing investors Peak XV Partners and Kalaari Capital also took part in the round.
The company plans to use the fresh funding to expand its presence beyond India and the US, set up new manufacturing facilities for optical systems and satellites, and grow its research and development teams.
“What stood out about Digantara is their commitment to building the full-stack infrastructure. From the outset, the founding team’s blend of technical expertise and business acumen stood out, an essential combination for long-term success,” said Sameer Nath, CIO and Head, Venture Capital and Private Equity, 360 ONE Asset.
“Space is no longer a frontier; it is the new high ground for national security. Adversaries of the future will seek asymmetric advantage where sensing, automation, and latency matter most,” said Anirudh Sharma, Founder and CEO, Digantara.
“This capital accelerates our path to operational readiness, expands into the US and Europe, and drives new programs in missile warning, tracking, and space-based interceptors to deliver real deterrence and multidomain superiority,” he added.
Founded in 2020 as a space situational awareness company, Digantara is evolving into a full-stack space surveillance and intelligence firm. The company is developing its own hardware, software, and intelligence systems to support national security and strategic independence.
Digantara plans to expand into Europe next year and offers an integrated platform called AIRA, which brings together space-based sensors and ground systems into a single solution.
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