Ahmedabad-based deeptech startup SatLeo Labs is making headlines with a fresh funding round led by Merak Ventures, with participation from Huddle Ventures, GVFL, Java Capital, IIMA Ventures, PointOne Capital, and angel investors Manish Gandhi and Dheer Baldua.
SatLeo is pioneering high-resolution thermal imaging from Low Earth Orbit (LEO), unlocking fused multispectral data for critical use cases across agriculture, urban planning, climate resilience, environmental conservation, and national defense. With the new capital, the company will accelerate the development of its dual-band thermal payload, expand its team, secure regulatory approvals, and upgrade infrastructure.
“Thermal data from space is underutilized, and SatLeo’s breakthrough makes it more useful, affordable, and accessible,” said Sheetal Bahl, Partner at Merak Ventures.
“Each 1°C rise in temperature risks a 10% drop in global GDP. Our platform helps detect threats before they escalate—from crop failures to wildfires,” said Shravan Bhati, Co-founder & CEO.
With Earth Observation (EO) projected to top $700 billion and drive $3.8 trillion in GDP impact by 2030, SatLeo Labs aims to place India at the forefront of the space intelligence era.