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Transcelestial raises $9.6M in Series A funding

Transcelestial, an ambitious company that is developing the fastest, long-distance, point-to-point wireless communication network possible, has just announced that is has raised $9.6M with EDBI and Wavemaker Partners leading the round, and Airbus Ventures, Cap Vista, Partech, Tekton Ventures, Entrepreneur First, SEEDS Capital and 2 previous angels also investing.

Transcelestial was founded in 2016 by Mohammad Danesh and Rohit Jha. It is a research-led, Singapore space and communications company that aims to push the boundaries of space exploration and communication by massively accelerating development and adoption of cutting edge space technologies.

To learn more, read the press release here.

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