About Akash Systems
Akash Systems is a company based in San Francisco (United States) founded in 2016.. Akash Systems has raised $17.6 million across 2 funding rounds from investors including Khosla Ventures, Social Capital and Correlation Ventures. Akash Systems offers products and services including Servers, Chip on Diamond, Radios, and Power Amplifiers. Akash Systems operates in a competitive market with competitors including Cesium Astro, Oxford Space Systems, Mynaric, SatixFy and Phasor Solutions, among others.
- Headquarter San Francisco, United States
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.6 M (USD)
in 2 rounds
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Latest Funding Round
$14.5 M (USD), Series A
Jul 10, 2019
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Investors
Khosla Ventures
& 8 more
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Employee Count
Employee Count
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Products & Services of Akash Systems
Akash Systems offers a comprehensive portfolio of products and services, including Servers, Chip on Diamond, Radios, and Power Amplifiers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-performance servers using Diamond Cooling for efficient AI computing.
Semiconductor chips with diamonds for enhanced heat dissipation in devices.
Satellite radios with thermal management for space applications.
Amplifiers using Diamond Cooling for higher frequency telecom operations.
Funding Insights of Akash Systems
Akash Systems has successfully raised a total of $17.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $14.5 million completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $14.5M
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First Round
First Round
(30 Jan 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series A - Akash Systems | Valuation | Correlation Ventures , ACME | |
| Jan, 2018 | Amount | Seed - Akash Systems | Valuation | Khosla Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Akash Systems
Akash Systems has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Khosla Ventures, Social Capital and Correlation Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are funded by this venture capital firm.
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Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors
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Early-stage investments are directed toward disruptive technologies and innovations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Akash Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Akash Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Akash Systems Comparisons
Competitors of Akash Systems
Akash Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cesium Astro, Oxford Space Systems, Mynaric, SatixFy and Phasor Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Antenna systems for satellites, UAVs, and launch vehicles are developed.
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| domain | founded_year | HQ Location |
Satellite antenna systems are manufactured using proprietary composite materials.
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| domain | founded_year | HQ Location |
Satellite communication systems are developed using optical wireless technologies.
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| domain | founded_year | HQ Location |
Provider of satellite communication SOCs and products
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| domain | founded_year | HQ Location |
Provides comprehensive solutions in phased array antenna technology for satellite communication.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Akash Systems
Frequently Asked Questions about Akash Systems
When was Akash Systems founded?
Akash Systems was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Akash Systems located?
Akash Systems is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Akash Systems a funded company?
Akash Systems is a funded company, having raised a total of $17.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.1M, raised on Jan 30, 2018.
What does Akash Systems do?
Akash Systems was founded in 2016 in San Francisco, United States, within the satellite and RF technology sector. Small LEO orbital satellites known as CubeSats are developed, along with satellite transmitters and RF power amplifiers powered by GaN-on-Diamond technology. Hybrid and MMIC power amplifiers are also offered. Services are provided to corporate, academic, and government entities involved in materials technology, RF components, subsystems, and satellite systems.
Who are the top competitors of Akash Systems?
Akash Systems's top competitors include Mynaric, Oxford Space Systems and ReOrbit.
What products or services does Akash Systems offer?
Akash Systems offers Servers, Chip on Diamond, Radios, and Power Amplifiers.
Who are Akash Systems's investors?
Akash Systems has 9 investors. Key investors include Khosla Ventures, Social Capital, Correlation Ventures, Sriram Krishnan, and ACME Capital.
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