FINO MORNASCO, Italy (D-Orbit PR)– Despite the global challenges brought by the events of 2020, D-Orbit, an Italian systems and services provider for the space sector, is steadily moving forward with its roadmap.
In September, D-Orbit secured €15 million [$17.8 million] financing from the European Investment Bank (EIB), marking the first time that the EIB has funded a space firm. The funds will advance the expansion of the company, whose ultimate goal is redefining the standards of(more…)
the orbital transportation industry.
Helsinki, FINLAND – September 22, 2020 – ICEYE, a World-leading SAR data provider, today announced the closing of a larger than planned $87M Series C funding, led by return investor True Ventures, with a significant additional investment by OTB Ventures.
ICEYE has so far successfully launched 5 satellite missions, starting with the first ever small SAR satellite launched in January 2018. The company is launching 4 additional SAR satellites this year and is on course to launch at least an additional 8 in 2021. This will grow the existing operational constellation into a capability that is unique in the World. To date, ICEYE has raised a total of $152M in financing.(more…)
Fino Mornasco, Italy (D-Orbit PR) — D-Orbit, an Italian systems and services provider for the Traditional and New Space sectors, has announced a new funding round led by Seraphim Capital, the world’s largest venture capital fund dedicated to investing in NewSpace companies.
The round also marks the entrance of Noosphere Ventures, D-Orbit’s first American investor. The Silicon Valley-based asset management firm specializes in transforming high-potential companies into market leaders, with a particular focus on the space market. (more…)
SAN FRANCISCO, Sept. 25, 2019 (Spire Global PR) — Spire Global, the world’s largest earth observation constellation of satellites for advanced weather data, maritime analytics, and aircraft tracking, today announced over $40m in new funding from strategic partners including ITOCHU, Mitsui, and Scottish Investment Bank and financial investors led by the GPO Fund, Perennial Value Management Limited, and Bessemer Ventures. Existing investors RRE Capital, Expon Capital, Seraphim Capital and Qualcomm Ventures also participated, among others.
‘We are thrilled by the affirmation of these strategic relationships and how this capital infusion affords Spire continued validation from the strength of our respected financial investors. While we increasingly continue to fund our organic growth from revenue, this investment allows the company to also execute on its substantial path of international advancement,” said Spire CEO Peter Platzer. (more…)
- The world’s only dedicated space tech Venture Capital fund reaches £70m close
- Europe’s leading space companies collectively supporting pioneering new fund
- Former Google Earth CTO Michael Jones joins Seraphim as Managing Partner
- Completed first 2 investments in leading nanosat constellations – Spire & Iceye
LONDON (Seraphim Capital PR) — A new revolution in Earth Observation is underway driven by low cost satellites and drones/UAVs enabling data that will be defining our changing world over the next decade. A new venture fund launched by Seraphim Capital has been established to capitalize on this opportunity.