SG spacetech firm Aliena raises $1.1m in 500 Startups-backed round

Mark Lim (second from left), co-founder and CEO of Singapore spacetech startup Aliena, announces the funding in a speech at the Australian High Commission.

Singapore-based space technology startup Aliena has raised S$1.5 million ($1.1 million) in a funding round backed by Silicon Valley-based venture capital firm 500 Startups.

Mark Lim, co-founder and CEO of Aliena, told DealStreetAsia that the funding round was led by Cap Vista Private Ltd, the strategic venture investment arm of Singapore’s Defense Science and Technology Agency. Paspalis Innovation and Investment Fund also participated.

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