EON Space Labs secures $1.2M funding to scale its AI-powered imaging tec

Hyderabad-based deeptech startup EON Space Labs has raised $1.2M in pre-Series A funding led by MGF Kavachh. Founded in 2022 by Sanjay Kumar, Punit Badeka, and Manoj Kumar Gaddam, the IIT Madras-incubated firm builds AI-driven Earth Observation imaging payloads. Its miniaturized EO/IR systems, including the MIRA telescope and LUMIRA platform, are compact and lightweight. The funding will support manufacturing, team expansion, and new LUMIRA variants.