Fundz

USD 87M in Series C for ICEYE to Continue Conquering Boundaries in Radar Satellite Imaging

PRIVATESep 22, 2020

Round Type

Series C

FinlandInformation TechnologyArtificial IntelligenceAerospaceSatellite Communication

Description

 ICEYE, a World-leading SAR data provider, today announced the closing of a larger than planned for $87M Series C funding, led by the return investor True Ventures, with a substantial investment contribution from 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 still this year and is on course to launch an additional 8 in 2021. This will grow the existing operational constellation into a capability that is unique in the World

Quick answer

Iceye raised an undisclosed amount in a Series C round, dated September 22, 2020. Iceye is based in Finland.

How much did Iceye raise?
Iceye raised an undisclosed amount in a Series C round on September 22, 2020.
What does Iceye do?
ICEYE is a fast-growing international New Space company with a diverse team from over 45 countries, united by a shared vision to make the impossible possible.
Where is Iceye based and how big is it?
Iceye is based in Finland.
Who are the decision-makers at Iceye?
Fundz holds 2 contacts at Iceye, including the CEO, Co-Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Satellite Communication around the same time

Companies in the same sectors as Iceye that raised within 45 days of this round, from Fundz verified event records.

  • Phantom Space Corporation raised $545K (Seed) on September 11, 2020.
  • Paradium.AI, Inc. raised $12M on November 6, 2020.
  • Unlearn raised an undisclosed amount (Series A) on November 5, 2020.
  • Ayar Labs raised $35M (Series B) on November 5, 2020.
  • Symbe raised $4.7M (Pre-Seed) on October 30, 2020.
  • AbSci Corp raised $65M on October 30, 2020.

Who to call at Iceye, and when

A new round usually means Iceye is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Iceye raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Iceye

Location

Finland

About

ICEYE is a fast-growing international New Space company with a diverse team from over 45 countries, united by a shared vision to make the impossible possible. As the owner of the world’s largest synthetic-aperture radar (SAR) satellite constellation, ICEYE provides unparalleled persistent monitoring capabilities for any location on Earth—day or night, through any weather. Serving sectors like insurance, disaster response, security, maritime, and finance, our data empowers objective, data-driven decision-making. Committed to pushing the boundaries of technology, ICEYE is always looking for new talent to join our mission and shape the future of Earth observation.

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Fundz sees it the moment Iceye raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsRafal M., CEO, Co-Founder hidden hiddenSee plans and pricing
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Iceye raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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