Tech Company Financing Transactions
Transcelestial Funding Round
Transcelestial, based in Singapore, scored $10 million from Airbus Ventures.
Transaction Overview
Company Name
Announced On
2/22/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will be used to boost internet infrastructure in Southeast Asia and India.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
101 Eunos Avenue 3 06-04
Singapore, 409835
SG
Singapore, 409835
SG
Phone
Undisclosed
Website
Email Address
Overview
Transcelestial is building the future of Internet Distribution. The ultimate goal is to build a space laser network to deliver a step-change in internet connectivity globally. This will be the fastest way to bring the rest of the world up on the bandwidth and connectivity curve. Right now, we are using the same technology on the ground as a "wireless fibre optics" in a product called CENTAURI.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rohit Jha
Chief Technical Officer
Mohammad Danesh
Browse more venture capital transactions:
Prev: 2/22/2023: Metomic venture capital transaction
Next: 2/22/2023: Future Fields venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC transactions reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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