Spacetech startup XDLINX Space Labs raises $7 million round led by Ashish Kacholia

Spacetech startup XDLINX Space Labs on Monday announced the completion of its $7 million seed funding round led by prominent investor Ashish Kacholia of Lucky Investments. E2MC, Mana Ventures, and a prominent family office also participated in the round, the company said. XDLINX Space Labs’ CEO and Co-founder Rupesh Gandupalli said the investment will be used towards payload manufacturing for defence and commercial missions such as E-band communications, Optical and RF intelligence to build space heritage, operationalization of satellite bus platforms and expand its presence in the US and UK.