SatLeo Labs, a rising space tech startup from Ahmedabad, has raised $3.3 million in pre-seed funding to pioneer thermal imaging from Low Earth Orbit (LEO), enabling real-time insights for climate tech, Earth observation, sustainable development, and environmental resilience.

The pre-seed round was led by Merak Ventures with participation from Huddle Ventures, GVFL, Java Capital, IIMA Ventures, PointOne Capital, and angel investors Manish Gandhi and Dheer Baldua, the Ahmedabad-based startup is preparing to scale globally.

“Our investment in SatLeo Labs is rooted in a clear thesis—thermal imagery from space is still vastly underutilized, and its commercial applications are only set to grow. We’re backing them for a genuine tech breakthrough that makes thermal data more useful, accessible and affordable,” said Sheetal Bahl, Partner at Merak Ventures.

Founded in 2023 by Ranendu Ghosh and Shravan Bhati, SatLeo Labs integrates thermal imaging, climate tech, and Earth observation through a proprietary dual-band fused multispectral platform. The company aims to enable sustainable development by delivering actionable satellite data that addresses climate-sensitive needs.

Unlocking Real-Time Intelligence

SatLeo’s core innovation lies in its thermal imaging payload, which captures high-resolution data from LEO in both thermal and visible bands. This technology targets sectors like agriculture, energy, urban planning, and strategic defense with real-time monitoring capabilities.

With climate tech driving new global priorities, SatLeo’s platform identifies early signs of wildfires, monitors greenhouse gas emissions, and prevents crop failures—all supporting sustainable development and environmental resilience.

“We are pioneering a dual-band, high-resolution thermal payload designed for fused multispectral imaging—empowering sustainable solutions across agriculture, environmental conservation, climate-resilient urban planning, and strategic defense,” said Dr Ranendu Ghosh, Co-founder and CTO.

Driving Impact Through Innovation

This fresh capital infusion will help SatLeo fast-track its hardware development, secure regulatory approvals, expand its engineering team, and enhance space infrastructure. More importantly, it positions SatLeo to tap into a market projected to inject $3.8 trillion into global GDP by 2030 through Earth observation.

“Thermal Earth Observation can cut 2 Gigatons of global emissions annually and fuel nature-positive action,” said Urmil Bakhai, Co-founder and CSO. “We’re excited to unlock satellite intelligence that supports a more resilient planet.”

By combining thermal imaging and LEO deployment, SatLeo Labs addresses urgent challenges tied to climate change. The startup’s mission resonates globally as industries seek data-driven solutions to achieve environmental resilience and sustainable development goals.

“This funding underscores the growing confidence in our vision to position India as a global leader in space-based intelligence,” said Shravan Bhati, Co-founder and CEO of SatLeo Labs. “Each 1°C rise in temperature can reduce global GDP by up to 10 percent. Our thermal data helps detect risks before they become billion-dollar losses—from crop failures to wildfires.”

With scalable technology, a visionary team, and strong investor backing, SatLeo Labs is ready to transform climate tech from space—one pixel at a time.

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