Insider Brief
Bengaluru-based Pramatra Space raised an undisclosed pre-seed round led by Seafund Ventures to advance its quantum-secure satellite and terrestrial communications technology ahead of the emerging “Q-Day” cybersecurity threat.
The company is developing quantum key distribution systems and has validated its proprietary photonics integrated circuit chip for entanglement-based quantum communications at IIT Madras, with an in-orbit demonstration mission planned for 2027.
Investors said the funding reflects growing interest in sovereign deep-tech capabilities spanning quantum technologies, cybersecurity and space infrastructure in India.
PRESS RELEASE — Pramatra Space, a Bengaluru-based quantum security venture, has raised an undisclosed pre-seed funding round led by Seafund Ventures. The round also saw participation from Rebalance, Magnivia Ventures with their partner Peaceful Progress Fund, and from notable angel investors such as Awais Ahmed, Founder of Pixxel Space. Early investors include Techstars (US), Neel Mehta (Founder of Roh Ventures), Raghunath Das (Co-Founder & CEO of Almagest Space), and Bhavya Doshi (Director at KRISS Portfolio), with other angel investors.
