Pramatra Space Secures Pre-Seed Capital to Advance Space-Based Quantum Key Distribution Hardware - Quantum Computing Report

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Pramatra Space Secures Pre-Seed Capital to Advance Space-Based Quantum Key Distribution Hardware

Pramatra Space Technology Pvt. Ltd., a deep-tech quantum security venture based in Bengaluru, has closed an undisclosed pre-seed financing round led by Seafund Ventures. The investment round included participation from Rebalance, Magnivia Ventures (co-investing with the Peaceful Progress Fund), and angel investors including Awais Ahmed, founder of earth observation company Pixxel Space. This financing supplements capital from early backers including Techstars, Roh Ventures, Almagest Space, and KRISS Portfolio. The capital injection is designated to fund hardware development, focusing on flight-qualification protocols for the company’s proprietary components.