Ahmedabad-based spacetech startup SatLeo Labs has raised $3.3 million in a pre-seed funding round led by Merak Ventures, with participation from Huddle Ventures, GVFL, Java Capital, IIMA Ventures, PointOne Capital, and angel investors Manish Gandhi and Dheer Baldua.
Founded in 2023 by Ranendu Ghosh, Urmil Bakhai, and Shravan Bhati, SatLeo Labs is developing a proprietary thermal imaging payload designed to capture thermal and optical data from Low Earth Orbit (LEO).
The technology uses infrared radiation data to monitor crop health, track climatic conditions, detect wildfires, and support defence surveillance efforts.
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With the fresh capital, the company plans to accelerate R&D, scale its infrastructure, and fast-track pilot testing and regulatory clearances.
The startup’s core product is a dual-band fused multispectral imaging system tailored for climate-sensitive sectors.
SatLeo Labs believes its solutions can play a critical role in climate risk mitigation—reducing crop losses, preventing wildfires, and contributing to broader emission reduction and sustainability goals.
