Iceye raises $93 million in a funding round led by Finnish sovereign wealth fund Solidium Oy to expand its business and develop new products and services.
Iceye raises $93 million in a funding round led by Finnish sovereign wealth fund Solidium Oy to expand its business and develop new products and services.
04/17/24, 12:04 PM
Location
Money raised
$93 million
Industry
information technology
Investors
Existing Investors, Christo Georgiev, Blackwells Capital, Move Capital Fund I, Solidium Oy
Finnish satellite company Iceye has raised $93 million in a new funding round, led by Solidium Oy with participation from Move Capital Fund I, Blackwells Capital, Christo Georgiev and existing investors. The funds will be used to expand the business and develop new products and services.
Company Info
Location
espoo, etelä-suomi, finland
Additional Info
ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before.
Owning the world's largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development.
ICEYE operates internationally with offices in Finland, Poland, Spain, the UK, Australia, Japan, UAE, Greece, and the US. We have more than 700 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation.