Noon, SatLeo, ILIOS 72, GoSats raise early-stage capital
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Noon, SatLeo, ILIOS 72, GoSats raise early-stage capital

By Malvika Maloo

  • 06 Apr 2026
Noon, SatLeo, ILIOS 72, GoSats raise early-stage capital
(From L to R) Urmil Bakhai, Co-founder & CSO, SatLeo Labs; Ranendu Ghosh, Co-founder & CTO, SatLeo Labs; and Shravan Bhati, Co-founder & CEO, SatLeo Labs

A product design platform, space-tech startup and a wealth-management platform have raised early-stage funding in separate rounds.

Noon, an AI-native product design platform, has come out of stealth, raising $44 million (around Rs 409 crore) in funding from investors including Chemistry, First Round Capital, Scribble Ventures, Elevation Capital and Afore Capital

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Individual design and senior leaders from Stripe, OpenAI, Microsoft AI, Apple, Meta, Perplexity and Shopify also participated in the round. Names include Katie Dill, head of design at Stripe; Ian Silber, head of product design at OpenAI; and Soleio Cuervo, former head of design at Dropbox among many others. 

The company, founded by ex-Bookpad chief executive and edtech startup Leap's co-founder Kushagra Singha in 2024, combines familiar, canvas-based design experience with code drawn directly from a team's existing codebase and design system to accommodate dynamic digital products. 

It is headquartered in the US with a presence in Bengaluru. Its team is composed of engineers and operators from Google, Ramp, Vercel, Slack, Uber, PhonePe, Grab, Groww, Replit and other companies.

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SatLeo Labs, a leading space-tech startup, has raised $2.2 million (around Rs 20.4 crore) in a seed round led by Unicorn India Ventures

Existing investors Merak Ventures, Java Capital, IIMA-CIIE and deep tech Investor Manish Gandhi, also participated in the round. The round takes SatLeo’s funding to $5.5 million till date. 

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It will use the capital to advance its flagship thermal satellite mission and the development of its AI-powered platform for thermal intelligence applications.

SatLeo Labs, founded in 2023, is focused on capturing high-resolution thermal and visible data from Low Earth Orbit (LEO). It is building an advanced multi-spectral satellite constellation combining thermal (IR) and visible imaging to deliver continuous, high-resolution Earth observation insights, which will be useful across defence, agriculture, disaster response and urban climate intelligence, helping governments and enterprises build climate-resilient systems at scale.

ILIOS 72

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ILIOS 72 Alternative Capital, a wealth management and private markets platform, has raised an undisclosed amount in its pre-Series A round that values the company at about $2 million. 

The round saw participation from a clutch of family offices based out of Jaipur and Mumbai. 

The company, founded in 2025, is a new-age wealth management platform offering alternative investments for long-term investors, allowing individuals and families to invest across private markets, listed strategies and global opportunities through a transparent, research-driven approach.

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GoSats

GoSats, a Bengaluru-based fintech startup, has bagged $5 million in a Series A funding round led by US-based venture capital firm Konvoy, with participation from Y Combinator and Taisu Ventures alongside some angel investors.

The fintech platform allows users to earn asset-based rewards like bitcoin and gold on their everyday spending. It will use the capital to accelerate user acquisition, expand its product suite and build out its core teams in engineering, product, and growth.

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