Bengaluru Quantum Security Startup Pramatra Space Raises Pre-Seed Funding from Seafund Ventures
By
Mohamed Abdel-Kareem
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Summary
Pramatra Space Technology Pvt. Ltd., a Bengaluru-based deep-tech quantum security startup, has secured an undisclosed pre-seed funding round led by Seafund Ventures, with participation from Rebalance, Magnivia Ventures (co-investing with the Peaceful Progress Fund), and angel investors including Awais Ahmed (founder of Pixxel). The company is developing space-based Quantum Key Distribution (QKD) hardware to enable ultra-secure satellite communications using quantum cryptography.
Key quotes
· 2 pulledPramatra 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
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