NeuralSat Raises €2.9Mn Pre-Seed Funding to Build Advanced Satellite Network

The funding round was led by Capnamic Ventures and Bayern Kapital. The investment will support NeuralSat's work on building technology that allows satellites to transfer data faster and handle more computing tasks while in orbit.

Other investors who joined the round include ZOHO.VC, Robin Capital, BAB – Die Förderbank für Bremen und Bremerhaven, KIEMIS Holding and Mission E Capital. The new funding will help the startup move forward with the development of its satellite network.

“Today, most satellites are launched without onboard networking capabilities. We send hardware worth millions into space without giving it the ability to communicate with other satellites. Resources are rarely shared across spacecraft or seamlessly connected with ground systems,” CEO Mohd Bilal said in a public statement.

“We are working toward a future in which space infrastructure is intelligent, connected, and accessible. Our goal is to enable the near-real-time delivery of space-based insights for emergency response, security, and other time-critical missions, because when every second matters, delays have real consequences,” added Mohd.

NeuralSat was founded in 2026 in Würzburg, Germany, by Mohd Bilal, Manohar Karnal and Rishi Jaiswal. Bilal leads the company as CEO and has experience in embedded software. Jaiswal serves as CTO and handles technology development, bringing a background in mechatronics. Karnal is the COO and has expertise in thermal engineering.

The startup is developing a satellite network that combines high-speed data transfer with computing capabilities in space. Its technology is designed to help satellites share and process information more efficiently while they are in orbit.

As satellites collect more data, sending that information to Earth and processing it quickly has become a major challenge for the space industry. NeuralSat aims to address this problem by building an integrated system that allows satellites to transfer and process data directly in space.

Read Also- Neurosterix Secures $105Mn to Advance Treatments for Schizophrenia and Anxiety