# SpaceAge Labs Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spaceage-labs-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.spaceage-labs.com
- Total disclosed funding: $1.7M
- Latest round: Seed (Jan 18, 2022)
- Investors on record: 5

## About

Based in Singapore, and founded in 2016 by CEO Deepak Pitta, SpaceAge Labs Pte Ltd operates as a provider of remote monitoring and IoT/AI (internet of things/ artificial intelligence) solutions combining hardware, low power wireless connectivity, and advanced software to provide operations and maintenance of remote and distributed assets. In February 2022, SpaceAge Labs Pte Ltd raised SGD 1.7 million in seed funding co-led by SEEDS Capital and Silicon Solution Partners, with participation from Winspark Innovations Learning Pvt. Ltd.

SpaceAge Labs provides remoteEye IoT platform, and rEye IoT cloud, an enterprise-grade IoT Software use for remotely monitoring and managing critical assets. The company also provides IoT devices, such as NB-IoT / LTE-M, a rEye IoT transmitter, and Sigfox RC4, a rEye IoT adaptor. In addition, SpaceAge Labs offers rEye IoT mobile application for iOS and android users to configure rEye IoT devices.

The company plans to use its proceeds from February 2022 funding to expand internationally, grow its team, and roll out several pilot projects across the US, Singapore, and Australia.

## Funding rounds

- Seed, Jan 18, 2022, $1.7M — Silicon Solution Partners, SEEDS Capital, Winspark Innovations Learning Pvt. Ltd., Farquhar Venture Capital, NUS Technology

## Investors

- Silicon Solution Partners (https://capitalatlas.ai/funds/silicon-solution-partners) — Seed
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Seed
- Winspark Innovations Learning Pvt. Ltd. — Seed
- Farquhar Venture Capital (https://capitalatlas.ai/funds/farquhar-venture-capital) — Seed
- NUS Technology — Seed