Deeptech Startup Astrome Bags $3.4 Mn, Plans US Expansion
India, Sept. 28 -- Bengaluru-based deeptech startup Astrome has raised $3.4 Mn in afresh round of investment led by Indian Angel Network (IAN), Germany-based Urania Ventures and founder of IT company Cognizant, Lakshmi Narayanan. Other investors who joined the round included South Korea's Impact Collective, ArtPark, and a consortium of US-based angel investors.
The startup provides gigabit speed telecommunications solutions to telecom service providers, enterprises and defence. It claims to be expediting the deployment of 5G-based services in suburban and broadband in rural areas through its parental telecom radios and satellite telecommunication.
The startup said it plans to utilise the fresh capital infusion to expand into the US mark...
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