logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Uk's Open Cosmos Raises $50M To Expand Its Climate Change Monitoring Satellites Solutions

Sep 11, 2023over 2 years ago

Amount Raised

$50 Million

OxfordshireMachine LearningArtificial IntelligenceAnalytics

Investors

Kheng Nam LeeTaavet HinrikusClaret Capital PartnersBanco Santander Inno Energy Climate Tech FundAccenture VenturesA&GTrill ImpactEtf Partners

Description

UK-based satellite company Open Cosmos has raised $50 million in Series B funding from ETF Partners, Trill Impact, A&G, Accenture Ventures, Banco Santander InnoEnergy Climate Tech Fund and Claret Capital Partners, with participation from Taavet Hinrikus and Kheng Nam Lee

Company Information

Company

Open Cosmos

Location

Oxfordshire, England, United Kingdom

About

Open Cosmos is a business focused on solving the world's biggest challenges through the delivery of satellite missions and the data of the world they can gather from space. This includes designing, building, launching and operating small satellites as well as providing data and services through an innovative platform. Since its creation in 2015, it has developed multiple advanced satellites for telecommunications, earth observation, navigation and science.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

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