Israeli startup Commcrete closed $29 million in combined Seed and Series A financing, including a $21 million Series A led by Greenfield Partners. The funds will scale development and production of ultra‑compact, handheld tactical satellite communications terminals for defence and government users.
Discovered |
Briefing
Commcrete raised $29 million in combined Seed and Series A rounds, including a $21 million Series A led by Greenfield Partners, providing capital to scale manufacturing and commercialisation of handheld tactical SATCOM terminals.
Handheld, ultra‑compact terminals address growing demand for on‑the‑move military and government connectivity; the move mirrors a broader market trend toward compact SOTM designs (see compact SOTM terminals) and follows announcements of new satellite capacity (see IAI's new communications satellites).
Seed backing from Prof. Amnon Shashua and Q Fund signals continued Israeli deep‑tech investor interest in tactical satcom startups, strengthening the ecosystem for end‑to‑end satcom solutions.
Reported By
Hype groups these reports into one evolving story so you can compare coverage without losing the thread.
en.globes.co.il
• Meytal Vaizberg