Near Space Labs raised $20M in Series B funding led by Bold Capital Partners to enhance imagery coverage for industries like P&C insurance.
Apr 29, 2025•5 months ago
Amount Raised
$20 Million
Round Type
SERIES B
Investors
Draper AssociatesThird SphereCrosslink CapitalRiver Park VenturesGaingelsClimate CapitalUsaaBold Capital Partners
Description
Near Space Labs, a NYC-based stratospheric remote sensing company, raised $20M in Series B funding. The round was led by Bold Capital Partners, with participation from various investors. The company plans to increase imagery coverage across 80 percent of the US population twice a year. This funding will help improve decision-making for industries such as property and casualty insurance.
FundzWatch™ Score
84
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech