Spacetech startup Akashalabdhi raises $1.2 million in pre-seed round

Spacetech startup Akashalabdhi, incubated at the Foundation for Science, Innovation and Development (FSID) at IISc Bangalore, has raised pre-seed funding of $1.2 million from investors such as Uday Chatterjee, Romesh Sobti, LVX (formerly LetsVenture), 1Crowd, and Riceberg Ventures.

The company will use the funds to advance the development of Antarikshab, an expandable module for space habitation, orbital logistics, microgravity experiments, and defence applications. A space habitat is a pressurised, tent-like structure made of flexible materials,…