Spacetech startup Aule Space raises $2 million in round led by pi Ventures

Angel investors, including Eash Sundaram, former board member of US-based satellite operator Intelsat, and Arvind Lakshmikumar, CEO of defence imaging firm Tonbo Imaging, also participated. The fresh funds will be used to scale the startup’s engineering team, set up ground infrastructure for docking trials, and accelerate the development of Aule’s first demonstration satellites.