Transcelestial is a cutting-edge startup with a clear vision of Building the Future of Internet Distribution. Since its establishment in 2016, the company has been dedicated to revolutionizing global internet connectivity. Their flagship product, CENTAURI, represents a groundbreaking wireless communication technology that effectively functions as a "wireless fibre optics" network. Notably, these shoe-box-sized devices, weighing less than 3kg, are capable of providing true fibre-like speeds to customers at a fraction of the cost of traditional fibre, thus enabling a significant leap in internet connectivity worldwide.
Transcelestial's recent $10.00M Series A investment on 17 February 2023 attracted a noteworthy consortium of investors, including Genesis Alternative Ventures, In-Q-Tel, Kickstart Ventures, Wavemaker, Airbus Ventures, Cap Vista, and SEEDS Capital. This substantial backing is a testament to the company's innovative potential and the confidence that prominent players in the venture capital arena have in their groundbreaking technology.
Based in Singapore, Transcelestial's pursuit of leveraging space laser networks to drive a significant boost in global internet connectivity positions them as a truly pioneering force in the industry. With versions of their devices offering speeds of 1 Gbps Full Duplex (4G & Enterprise ready) and 10 Gbps Full Duplex (5G-ready), Transcelestial is poised to drive the next phase of the Internet revolution and transform the way the world connects.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $10.00M | 7 | 17 Feb 2023 | |
Debt Financing | $3.00M | 1 | 17 Feb 2023 | |
Venture Round | $2.00M | 1 | 19 Feb 2021 | |
Series A | $9.60M | 10 | Partech, Charlie Songhurst +1 | 03 Jul 2020 |
Seed Round | SGD2.50M | 6 | Josh Manchester, Charlie Songhurst | 18 Dec 2017 |
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