What is Akash Systems?
Founded in 2016, Akash Systems is at the forefront of developing and supplying advanced RF components for small satellites. The company's core innovation lies in its proprietary GaN-on-Diamond material, which enables superior performance in satellite communications. This venture-backed startup is positioned to redefine the capabilities of small satellite constellations by providing essential, high-performance RF technology.
How much funding has Akash Systems raised?
Akash Systems has raised a total of $14.8M across 2 funding rounds:
Series A
$14.5M
Debt
$350K
Series A (2019): $14.5M with participation from ACME Capital, Sriram Krishnan, Correlation Ventures, Khosla Ventures Acquisition, and Founders Fund
Debt (2020): $350K led by PPP
Key Investors in Akash Systems
ACME Capital
ACME Capital is a venture capital firm that operates within the Venture Capital & Private Equity industry, likely focusing on early-stage technology investments.
Founders Fund
Founders Fund is a prominent venture capital firm known for investing in transformative companies across various sectors, with a history of backing influential tech giants.
Khosla Ventures Acquisition
Khosla Ventures is a venture capital firm that provides assistance and strategic advice to entrepreneurs developing breakthrough technologies, with a broad investment focus including AI, fintech, and semiconductors.
What's next for Akash Systems?
The recent major strategic investment signals a strong vote of confidence in Akash Systems' technology and market potential. This capital infusion is expected to accelerate product development, scale manufacturing capabilities, and expand market reach. As Akash Systems continues to grow, its focus will likely remain on solidifying its position as a key supplier in the rapidly expanding small satellite industry, potentially paving the way for future growth rounds or strategic partnerships.
See full Akash Systems company page
