Funding · Government, Defense & Space

Pramatra Space raises pre-seed round led by Seafund

What they do

Pramatra Space builds hybrid satellite-terrestrial systems for quantum-secure communications

It raised an undisclosed pre-seed round led by Seafund Ventures with Rebalance, Magnivia Ventures, and angels

The company plans to use the capital to advance its photonic chip toward flight qualification

Pramatra Space raised a pre-seed funding round led by Seafund Ventures.
The round amount is undisclosed.
Participating investors include Rebalance, Magnivia Ventures with partner Peaceful Progress Fund, and angel Awais Ahmed (founder of Pixxel Space).
Early investors include Techstars (US), Neel Mehta, Raghunath Das, Bhavya Doshi, and other angels.
The company will use the capital to advance its proprietary photonic integrated circuit (PIC) chip toward flight qualification.
An in-orbit demonstration mission for its payload is booked for 2027 in partnership with a satellite bus manufacturer.
The company has 14 employees and 13 shareholders as of February 2026.

Quantum Key Distribution (QKD) is seen as a critical technology for securing data against future quantum computer attacks.
Pramatra Space's hybrid satellite-terrestrial approach aims to provide global coverage for secure communications.
The involvement of Awais Ahmed, founder of Pixxel Space, signals confidence from an experienced space entrepreneur.

Pramatra Space is a quantum security venture building hybrid satellite and terrestrial systems for global quantum-secure communications.
Its technology uses Quantum Key Distribution (QKD) to generate and distribute encryption keys for data centres and space infrastructure.
The company has developed a proprietary photonic integrated circuit (PIC) chip for quantum entanglement-based QKD, validated and tested at IIT Madras.
The business model is QKD as a service, integrating satellite and ground-based distribution networks.
The company was founded in 2023 and is headquartered in Bengaluru.

Seafund Ventures (lead) — Venture capital firm investing in early-stage technology companies.
Rebalance (participant) — Co-founded by Aishwarya Malhi and Vikas Kumar.
Magnivia Ventures (participant) — Venture capital firm.
Peaceful Progress Fund (participant) — Partner of Magnivia Ventures.
Awais Ahmed (angel) — Founder of Pixxel Space.
Techstars (early investor) — Global startup accelerator and early-stage investor.
Neel Mehta (early investor) — Founder of Roh Ventures.
Raghunath Das (early investor) — Co-Founder of Almagest Space.
Bhavya Doshi (early investor) — Director at KRISS Portfolio.