# UTVATE: Aerospace

> UTVATE: UTVATE unlocks satellite internet capacity through user terminal innovation. Founded 2019. What Millionrounds holds on them, and what we have not seen.

Source: https://millionrounds.com/startup/utvate (Millionrounds; every figure on the page links to its filing or article)

[Aerospace startup](https://millionrounds.com/companies)

# UTVATE

UTVATE unlocks satellite internet capacity through user terminal innovation.

Funding reported Last round: Series A

Aerospace

Company summary

- **Founded:** 2019 7 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 13.6M as listed, currency not stated
- **Last round:** Series A Dec 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for UTVATE has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say UTVATE raised

Funding, as reported

Reported in all **13.6M** in the source's currency

Rounds **3**

Last round **Series A**

Last round date **Dec 2022**

Investors listed **17**

Y Combinator **W20**

## Founders and team

From UTVATE's own website: 1 founder, 2 on the team.

**Siamak Ebadi** Founder & CEO

- **Amin Reda** Team Lead - RF & Antennas
- **Andres Osorio** Team Lead - Control & Mechanical

## On a portfolio page

Investors who name them

- [Indicator Fund](https://millionrounds.com/fund/indicator-fund)

Each firm lists UTVATE on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Aerospace in the same market

Startups like it

- [**NaraSpace Technology** Yeongdeungpo District · founded 2015](https://millionrounds.com/startup/naraspace-technology)
- [**Dubai Aerospace Enterprise** Dubai · founded 2006](https://millionrounds.com/startup/dubai-aerospace-enterprise)
- [**AeroEdge** founded 2015](https://millionrounds.com/startup/aeroedge)
- [**ExPace** founded 2016](https://millionrounds.com/startup/expace)
- [**Unimech Aerospace** founded 2016](https://millionrounds.com/startup/unimech-aerospace)
- [**Clue** founded 2014](https://millionrounds.com/startup/clue-4)
- [**Abra Group** Miami · founded 2023](https://millionrounds.com/startup/abra-group)
- [**Beta Technologies** South Burlington · founded 2017](https://millionrounds.com/startup/beta-technologies)

## Is this your company?

Add your raise, your deck and your story, and put UTVATE in front of investors. Or tell us what we have wrong.

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