Spacetech startup Aule Space raises $2 million in round led by pi Ventures

Spacetech startup Aule Space, which is building in-orbit “jetpacks” or power banks for satellites, has raised $2 million in a funding round led by pi Ventures. The round also saw participation from angel investors, including Eash Sundaram, former board member of US-based satellite operator Intelsat, and Arvind Lakshmikumar, CEO of defence imaging firm Tonbo Imaging.