Constelli raises $3 million in pre A series funding round 

Constelli, a start-up leading the digital transformation of design, development and test processes in aerospace and defece sectors, said it has raised $3 million in pre-series A funding led by Pravega Ventures. 

The funding will be used for capital expenditure and research and development (R&D) for future products in the pipeline impacting innovation in defence sector, the company said in a statement. 

The start-up was founded in 2017 by Satya Gopal Panigrahi and Avinash Chenreddy. 

“This funding will propel our vision of establishing an Indian company becoming a global defense player. The support within the Indian ecosystem will help us accelerate our investments into niche technology areas and move forward towards that larger vision.” said Satya Gopal Panigrahi, founder and CEO of Constelli.

“Our mission is to digitally transform the System Development Lifecycle of RF mission sensors, which are increasingly becoming software-defined, software-intensive, and connected,” stated Avinash Chenreddy, founder & CTO of Constelli.

 “We leverage modern technologies and advancements in hardware and software, modeling and simulation, and distributed computing to achieve this transformation. This funding empowers us to invest in new product development and expand our sales and marketing efforts,” he added. 

“Constelli is a leading innovator in the RADAR and EW domain,” said spokesperson at Pravega Ventures. “We are impressed with the company’s strong team and their consistent growth over the years,” the spokesperson added