Satlyt Raises $8M Seed

Satlyt, a company with joint headquarters in Nairobi, Kenya, and Sunnyvale, California, that specializes in in-space edge computing software, has raised $8M in a seed funding round. The latest injection of capital brings the company's total funding to over $10 million.

Investors

The round was led by non sibi ventures, with participation from TLCOM, Antler, Slauson & Co., Launch Africa Ventures, Enza Capital, Demos Capital, BAG Collective, Gaingels, Askya, and AXIAN Investment.

Satlyt Use of Funds

Satlyt plans to use the new capital to expand its team, increase its in-orbit capabilities, and invest in research and development to accelerate product development for its virtual orbital-data-center network.

About Satlyt

Founded in 2024 by Rama Afullo, an alumnus of SpaceX and Google, Satlyt provides software-defined edge computing capabilities for satellites. The company's platform allows partner satellites to process data in orbit using AI inference, reducing the need for costly data downlinking by only transmitting necessary outputs.

Funding Details

Company Website: https://satlyt.ai

Company: Satlyt
Raised: $8M
Round: Seed
Funding Date: October 1, 2026
Lead Investor: non sibi ventures
Additional Investors: TLCOM, Antler, Slauson & Co., Launch Africa Ventures, Enza Capital, Demos Capital, BAG Collective, Gaingels, Askya, AXIAN Investment
Software Category: Space Tech
Source: https://payloadspace.com/satlyt-raises-8m-seed-to-expand-its-virtual-odc-network/