TakeMe2Space (TM2Space), a next-generation space-tech company building high-power compute satellites and orbital data centre infrastructure, has raised USD 5 million in a Seed funding round led by Chiratae Ventures, with participation from Unicorn India Ventures, Artha Venture Fund, and SeaFund.
With the fresh capital infusion, TakeMe2Space plans to accelerate the expansion of its satellite constellation from a single spacecraft to six high-compute satellites to power its flagship product, OrbitLab, India’s first in-orbit AI lab. OrbitLab enables enterprises, startups, and researchers to upload and run AI models directly on satellites in Low Earth Orbit (LEO), paying only for utilisation time.
The company will scale its presence across India, the US, and Australia, deepen partnerships with ground station providers and AIT companies, and grow its team from 17 to nearly 60 professionals across engineering and global sales. The funding will also boost ongoing R&D to build megawatt-scale compute satellites, marking a significant leap toward space-native AI infrastructure.
Investor Confidence
Ranjith Menon, Managing Director at Chiratae Ventures, said the firm is backing TM2Space because the startup is “reimagining how we access orbit by turning satellites into shared, programmable infrastructure.” He highlighted the company’s fractional ownership model and in-space processing capabilities as differentiators making orbital compute more accessible.
Pioneering Orbital Data Centres
TM2Space is pioneering orbital data centres—next-generation compute systems deployed in LEO to support existing satellites and large asynchronous AI workloads. The company’s proprietary radiation shielding technology and indigenisation of satellite subsystems have significantly lowered the cost of building compute infrastructure in orbit.
Founder & CEO Ronak Kumar Samantray shared that 2026 marks a turning point for the company, following the successful launch of MOI-1, its first major orbital satellite powering OrbitLab. “We will grow from a single-satellite solution to a networked in-orbit compute system, enabling near real-time AI services,” he said. He also emphasised that expanding the company’s talent pool will be a major focus.
Proven Technology & Successful Missions
TM2Space has previously demonstrated its capabilities through missions on ISRO’s PSLV Orbital Experiment Module (POEM). During the MOI-TD mission, it became the first Indian company to uplink large AI models, execute external code in orbit, and downlink encrypted results securely—alongside testing its breakthrough radiation shielding coating that extends satellite longevity.
Manoj Agarwal, Managing Partner at SeaFund, said the firm doubled down on its investment because the team consistently delivered on its ambitious vision of building data centres in space.
Future Roadmap
The expanded constellation is expected to deliver ~5 kW of in-orbit compute capacity, with satellites capable of interconnection via Optical Satellite Links (OSL)—a critical step toward building a high-throughput orbital compute network.
TM2Space aims to build the world’s first AI-first data centre in space, enabling 5–8x cost reduction across sectors such as agriculture, mining, logistics, and environmental monitoring.
By: Shivani Solanki
