Astrome develops 5G wireless hardware and systems, with its first two products—GigaMesh and GigaSat—targeting mobile and broadband communication infrastructure. The company says the combined addressable market for those products is $34 billion globally. Astrome will use its newly raised capital to expand into the US market, strengthen global operator trials, and accelerate commercialization through new products. It has offices in Bengaluru, India, and San Diego, California, and signed its first overseas deal with a Southeast Asian telecom operator in 2021. Financially, the company recently raised $3.4 million in a funding round. Management cites rapidly growing demand due to increased mobile and broadband needs following lifestyle changes over the past two years.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2021