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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, 20255 months ago

Amount Raised

$20 Million

Round Type

SERIES B

BrooklynInformation Technology

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.

Company Information

Company

Near Space Labs

Location

29 NORMAN AVENUE

Brooklyn, New York, United States

About

Near Space Labs is an aerial imagery and earth observation company. Our high-frequency, high-resolution imagery supports businesses, partners and government organizations for improved remote sensing. Our technology allows for immediate access to imagery via our API.

FundzWatch™ Score

84
Medium Activity

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Funding Insights

Based on industry data
VC-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