Ahmedabad: City-based spacetech startup SatLeo Labs has raised $2.2 million in a seed round led by Unicorn India Ventures. With this, the startup, focused on capturing high-resolution thermal and visible data from low Earth orbit (LEO), has raised $5.5 million in total funding to date, said founders.The round also saw participation from existing investors Merak Ventures, Java Capital, IIMA Ventures and deeptech investor Manish Gandhi. The funding will be deployed to advance SatLeo’s flagship thermal satellite mission and the development of its AI-powered platform for thermal intelligence applications, said founders.A release by the startup indicated that the company achieved a major milestone by designing and delivering its first experimental thermal payload, TAPAS-1, for satellite integration within six months, reaching TRL-8 readiness and positioning the system for launch.Shravan Bhati, co-founder and CEO, said that they are developing a constellation of thermal imaging satellites to deliver actionable thermal intelligence at scale. The startup is already providing data inputs to Ahmedabad Municipal Corporation (AMC) as part of Heat Action Plan (HAP) to predict heat impact in the city.
