Data Vantage: Transcelestial, Desty and Ecomobi raise new funding, ShopBack expands cap table

Data Vantage: Transcelestial, Desty and Ecomobi raise new funding, ShopBack expands cap table

Singapore-based Transcelestial, a wireless laser communication technology provider, has raised $7 million in fresh funding from a group of investors.

Airbus Ventures, which first invested in the company in 2020, led the round with a $3 million capital injection. Meanwhile, Kickstart Ventures contributed $2.5 million. Other investors in the round include Cap Vista, SEEDS Capital, Wavemaker Partners and Entrepreneur First.

Edited by: Deepshikha Monga

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter