Deep-tech startup VyomIC bags $1.6 Mn led by Speciale Invest

Deep-tech startup VyomIC has raised Rs 14 crore (about $1.6M) in a pre-seed funding round led by Speciale Invest along with participation from BYT Capital and DeVC.

The proceeds will be used to advance the development of its LEO-based PNT (Positioning, Navigation, and Timing) payload, support its spaceborne demonstration mission, and scale team hiring and business development efforts, VyomIC said in a press release.

Co-founded by Lokesh Kabdal, Vibhor Jain and Anurag Patil, VyomIC builds satellite constellations to deliver highly accurate, secure, and…