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Foundational raises £8.2M in pre-seed funding to scale satellite laser ranging technology. The London-based space tech company secured backing from BACKED, Final Frontier, Adjacent, Type One Ventures, and Inflection.
Amount Raised
£8.2 Million
Round Type
Seed
San FranciscoInformation TechnologySoftwareAnalyticsSatellite CommunicationInvestors
Description
Foundational emerged from stealth with £8.2 million in pre-seed funding to automate and scale Satellite Laser Ranging technology, marking the largest pre-seed round raised by a European space technology company to date. The London-based company develops vertically integrated Satellite Laser Ranging systems designed to determine the position of satellites and orbital debris with millimeter-level precision. Foundational's fully automated and weatherproof ground stations cost approximately 30 times less than legacy facilities and can track objects at distances up to 2,000 kilometers. The company is already operational and onboarding early customers including commercial satellite constellations, the European Space Agency, the U.K
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Related People
Foundational raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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