India, Aug. 7 -- Deeptech startup Xovian Aerospace has raised $2.5 Mn (INR 22 Cr) in its pre-seed funding round co-led by Piper Serica and Turbostar. The round also saw participation from Inflection Point Ventures (IPV) and Eaglewings Ventures.

The Bengaluru-based startup plans to deploy the capital to expand its engineering team and launch its multi-band radio frequency (RF) payload aboard Indian Space Research Organisation's (ISRO) unnamed launch vehicle.

Subsequently, the startup plans to develop and deploy its own nanosatellite.

Founded in 2019 by Ankit Bhateja and Raghav Sharma, Xovian is building an AI-powered "RF intelligence infrastructure". Under this full-stack approach, it plans to develop proprietary RF satellites and AI-po...