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India Stuns Global Market With 19 Crore Funding Boost As Bengaluru Startup Unveils Revolutionary Autonomous Satellite
Bengaluru-based startup ULOOK Technologies has secured ₹19 crore in seed funding from prominent venture capital firms growX Ventures and InfoEdge Ventures. The investment is expected to play a pivotal role in the development of autonomous satellite swarms for radio-frequency (RF) intelligence, marking a major step forward for India’s capabilities in space-based intelligence and spectrum awareness.
Founded by Siddhesh Naik and Adheesh Boratkar, ULOOK Technologies aims to leverage its innovative approach to RF sensing technologies to strengthen India’s position in the global space industry. The company is well-equipped to tackle complex deep-tech challenges and has garnered attention from investors and industry experts alike for its ambitious plans.
The recent funding round will enable ULOOK to accelerate its research and development efforts, with a focus on expanding its engineering team, advancing payload testing, and preparing for the launch of its first RF-sensing satellite swarm within the next 12 to 18 months. This timeline is ambitious, considering that the development of such complex technologies typically requires significant investment in time, resources, and expertise.
Naik believes that India has become an attractive destination for deep-tech startups due to favorable regulatory conditions and a growing pool of skilled engineers. “We are convinced that complex deep-tech can be built right here at home, and in a far more capital-efficient way,” he said. This sentiment is echoed by investors, who see significant potential in ULOOK’s innovative approach.
One of the key areas where ULOOK plans to utilize the funding is in hiring top talent from renowned engineering institutions across India. The company aims to recruit engineers specializing in RF systems, embedded systems, AI/ML analytics, and satellite mission design. This strategic move will enable ULOOK to build a strong foundation for its payload testing and integration efforts.
In addition to expanding its engineering team, ULOOK plans to use the funding to support hardware-software integration and conduct UAV-based testing campaigns to bring its technology from the prototype stage to deployment readiness. These efforts are critical to ensuring that the company’s innovative solutions meet the stringent requirements of both commercial and defense applications.
ULOOK’s proprietary payload suite, PulseTrack, has garnered significant attention for its ability to deliver real-time RF situational awareness across satellites, drones, and high-altitude platforms. This technology holds immense potential for applications in maritime surveillance, disaster response, environmental monitoring, and other critical domains where timely and accurate intelligence is crucial.
The investment from growX Ventures and InfoEdge Ventures reflects confidence in India’s deep-tech ecosystem and the company’s commitment to sovereign innovation. According to Manish Gupta, partner at growX ventures, ULOOK’s work represents “a commitment to building capabilities that can achieve lasting global relevance.” This sentiment is shared by Sanjeev Bikhchandani, founder of Info Edge, who said, “What stood out about ULOOK was the depth of its engineering, the clarity of its use cases, and the maturity of its team.”
Boratkar added that ULOOK’s focus on developing world-class capabilities aligned with India’s vision of Atmanirbhar Bharat reflects a commitment to building from within for global markets. This approach is in line with the Indian government’s ambitious plans to establish itself as a major player in the global space industry.
With this funding, ULOOK joins a growing group of Indian space tech ventures that are making significant strides in developing advanced technologies for global markets. As these startups continue to push the boundaries of innovation and collaboration, it is clear that India’s space sector has become an exciting space for investment and growth.
The recent success story of ULOOK Technologies serves as a testament to the potential of India’s deep-tech ecosystem, where ambitious startups are leveraging cutting-edge technologies to drive meaningful impact across various domains. As this sector continues to evolve, it will be interesting to see how ULOOK’s innovative approach contributes to shaping India’s position in the global space industry.
The investment in ULOOK Technologies is not only a vote of confidence in the company but also reflects a broader trend towards investing in Indian startups that are driving innovation and growth. As the country continues to strengthen its position on the global stage, it will be exciting to see how these innovative ventures shape India’s future in space technology.
The increasing demand for advanced technologies has led to significant investment in India’s space sector. In recent years, several startups have emerged as major players in this segment, leveraging their innovative approaches to drive growth and impact.
One of the key drivers behind this trend is the Indian government’s vision of Atmanirbhar Bharat, which aims to establish the country as a major player in the global space industry. To achieve this goal, policymakers are providing significant support to startups through various initiatives and funding programs.
As a result, India has become an attractive destination for deep-tech investors, who see significant potential in the country’s growing pool of skilled engineers and innovative startups. ULOOK Technologies’ success story serves as a shining example of how these investments can drive meaningful impact across various domains.
The recent investment in ULOOK Technologies reflects a broader trend towards investing in Indian startups that are driving innovation and growth. As the country continues to strengthen its position on the global stage, it will be exciting to see how these innovative ventures shape India’s future in space technology.
India has emerged as a major player in the global space industry, with several startups making significant strides in developing advanced technologies for global markets. ULOOK Technologies’ success story serves as a testament to the potential of India’s deep-tech ecosystem, where ambitious startups are leveraging cutting-edge technologies to drive meaningful impact across various domains.