Constelli, an aerospace and defence tech startup focused on transforming the design, development, and testing processes in the aerospace and defense sectors, has raised $3 million in a pre-Series A funding round led by Pravega Ventures.
The funds raised will be used for capital expenditure and research and development (R&D) for future products in the pipeline impacting innovation in the defense sector.
Constelli cofounder and CEO Panigrahi said, “We are excited to partner with Pravega Ventures as we continue to grow our business. This funding will propel our vision of establishing an Indian company becoming a global defense player. The support within the Indian ecosystem will help us accelerate our investments into niche technology areas and move forward towards that larger vision.”
“Our mission is to digitally transform the System Development Lifecycle of RF mission sensors, which are increasingly becoming software-defined, software-intensive, and connected. We leverage modern technologies and advancements in hardware and software, modeling and simulation, and distributed computing to achieve this transformation. This funding empowers us to invest in new product development and expand our sales and marketing efforts,” said Avinash Chenreddy, Founder & CTO of Constelli.
“Constelli is a leading innovator in the RADAR and EW domain. We are impressed with the company’s strong team and their consistent growth over the years,” said spokesperson at Pravega Ventures.
Founded in 2017 by Satya Gopal Panigrahi and Avinash Chenreddy, Constelli is a signal processing company solving problems in defense and aerospace fields. Constelli aims to enhance technical sophistication and expedite the development lifecycle of critical payloads for airborne & ground defense platforms.
Constelli’s products and services are used globally by customers developing Radar and Electronic Warfare Systems including the Ministry of Defence, India, the Defence Research and Development Organization (DRDO), and leading defense contractors in South Korea, Australia and Singapore.
