Burgeon Law Advises on the Successful Investment Round of SatLeo!

Burgeon Law Advises on the Successful Investment Round of SatLeo!

Burgeon Law represented Merak Ventures and Huddle Ventures in their investment in SatLeo Labs a spacetech startup.

SatLeo recently secured a $3.3 million pre-seed funding round led by Merak Ventures with Huddle Ventures participating as a major investor. Other participating investors include GVFL, Java Capital, IIMA Ventures, and PointOne Capital along with angel investors Manish Gandhi and Dheer Baldua. This investment will be used to advance development of its proprietary thermal imaging payload, conduct critical feasibility studies and secure regulatory approvals

The transaction was led by Ankit Bhasin (Partner), and Anish Jaipuriar (Partner) along with Hardik Sabbarwal (Senior Associate), Akshita Mittal (Associate), Saransh Agarwal (Associate) and Karan Vohra (Associate).

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