Digantara raises $50M in Series B funding for satellite deployments, manufacturing scale-up

Spacetech company Digantara on Tuesday closed a $50 million Series B funding round led by 360 ONE Asset, SBI Investments Co. of Japan, and Ronnie Screwvala. The round also saw participation from existing backers Peak XV Partners and Kalaari Capital.

The Bengaluru-based space surveillance and intelligence company will use the funding to support global expansion beyond India and the US, establish new manufacturing facilities for optical systems and satellite production, and scale up its research and development teams.

Founded in 2020, Digantara focuses on space situational awareness, a segment drawing increased attention from governments as orbital congestion and security risks rise. The company operates in India, Singapore, and the United States and aims to expand to Europe by mid-2026.

Digantara is also preparing to deploy 15 space surveillance satellites and two missile-warning satellites through 2026–27, as it moves toward becoming a full-stack sovereign space intelligence provider.

“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.

In January 2025, Digantara launched its first space surveillance mission, SCOT (Space Camera for Object Tracking), aboard SpaceX’s Transporter-12 mission. The satellite is designed to track Resident Space Objects in low Earth orbit, including objects as small as 5 centimetres and operates in a sun-synchronous orbit to deliver higher revisit rates and improved tracking accuracy compared with ground-based systems.

Sharma said, “With SCOT, we are taking a crucial step in achieving surveillance superiority, ensuring not only a safer and more sustainable space environment but also towards safeguarding sovereign assets in the face of an increasingly contested space domain.”

The startup last raised $10 million in a Series A1 round in 2023 led by Peak XV Partners and Kalaari Capital, with participation from Global Brain, Campus Fund, and individual investors.