Tech Company Financing Transactions
SatSure Funding Round
SatSure, based in Philadelphia, secured $15 million from Baring India, Promus Ventures and Force Ventures.
Transaction Overview
Company Name
Announced On
8/30/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Baring India (Lead Investor)
Promus Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to launch a fleet of four high resolution optical and multispectral satellites, on track for Q4, 2025, to accelerate product innovation, and expand its operations across the Americas and Asia-Pacific regions.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
112 N 2nd St #5D1
Philadelphia, PA 19106
USA
Philadelphia, PA 19106
USA
Phone
Website
Email Address
Overview
SatSure is a deep tech, decision intelligence company. We leverage advances in satellite remote sensing, machine learning, big data analytics and cloud computing to create products and solutions which help enterprises and their people make smart decisions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Prateep Basu
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