Transcelestial CEO and co-founder Rohit Jha believes that access to the internet "can be a matter of livelihood." As a result of its recent US$10 million raise, the company plans to expand Centauri, its wireless laser communication technology, to five key markets in Southeast and India.
The series A2 investment round was led by Airbus Ventures, with participation from Kickstart Ventures, Genesis Alternative Ventures, and Wavemaker Partners. Transcelestial has raised a total of US$24 million to date.
The startup wants to expand into Indonesia, India, Malaysia, Singapore, and the Philippines. Transcelestial will collaborate with telecom, Internet service provider, and enterprise partners in these regions to deploy Centauri systems, which will provide 4G, home and office broadband, and campus connectivity.
It will also use the funds to expand into the United States and explore collaborations with government, enterprise, and telecom leaders in specific states.
In addition, the startup will expand its Terabit Factory in Singapore. The facility can produce up to 2,400 Centauri devices per year, making it the largest deployment volume of any lasercomms manufacturer in the world.
Centauri enables high-speed internet and laser beam connectivity, eliminating the need for underground cables or radio frequency-based devices.