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Albedo Raises $48M Series A To Capture The Highest Resolution Satellite Imagery

Sep 07, 2022•about 3 years ago

Amount Raised

$48 Million

Round Type

series a

AustinManufacturing

Description

Albedo, a company developing low-flying satellites that will deliver ultra high resolution images, today announced a $48M Series A financing round co-led by Breakthrough Energy Ventures and Shield Capital, bringing the company’s total funding to $58M in less than two years since inception.

Company Information

Company

Albedo

Location

2927 E 14TH ST. UNIT B

Austin, Texas, United States

About

Albedo develops low flying satellites that collect visible and thermal imagery at the highest resolution commercially available. Once launched, the company will operate the satellites to provide imagery-as-a-service to industries including agriculture, insurance, energy, mapping, utilities, and defense. Learn more at https://albedo.com.

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