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Space Tech Startup Speqtral Raises $8.3M In Round Led By Xora Innovation

Dec 02, 2021•over 3 years ago

Amount Raised

$8.3 Million

Description

Singapore-headquartered space tech startup SpeQtral has raised $8.3 million in a funding round led by Xora Innovation, an early-stage deep science investment platform of Temasek.

Company Information

Company

Spe Qtral

About

In 2019, another Singapore-based space technology startup Aliena secured $1.1 million in a funding round backed by Silicon Valley-based VC firm 500 Startups. Formerly known as S15 Space Systems, SpeQtral develops space-based, quantum communication built on technologies developed at the Centre for Quantum Technologies (CQT) at the National University of Singapore (NUS).