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Daily Brief Private Markets: Transcelestial Gets US$10M Funding Boost to Expand Its Lasercomms Tech into US and more

In today’s briefing:

  • Transcelestial Gets US$10M Funding Boost to Expand Its Lasercomms Tech into US, Ramp up in Asia

Transcelestial Gets US$10M Funding Boost to Expand Its Lasercomms Tech into US, Ramp up in Asia

By e27

  • Singapore-headquartered last-mile internet connectivity startup Transcelestial Technologies has received US$10 million in a Series A extension round.
  • Existing investor Airbus Ventures led the round, with participation from Kickstart Ventures, Genesis Alternative Ventures, Wavemaker, Cap Vista, and SEEDS Captial. In-Q-Tel had also joined in a previous undisclosed round.
  • The new round brings Transcelestial’s total investment raised to date to US$24 million.

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