Satellogic Inc. raised $30 million in a strategic investment led by Tether Investments Limited for advancing its U.S. strategy, the National Security market, and global Space Systems opportunities.
Apr 15, 2024•over 1 year ago
Amount Raised
$30 Million
Investors
Tether Investments Limited
Description
Satellogic Inc. announced a $30 million strategic investment from Tether Investments Limited. The net proceeds from the offering were approximately $27.6 million, aimed at advancing the company's mission and expanding in 2024.
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