Tech Company Financing Transactions

Albedo Funding Round

Albedo, operating out of Austin, secured $10 million from Initialized Capital, Jetstream Ventures and Liquid 2 Ventures.

Transaction Overview

Company Name
Announced On
4/23/2021
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Proceeds Purpose
The funding will allow the company to fund a down payment on rocket space and payments to suppliers that should allow Albedo to wrap up its satellite design.

Company Information

Company Status
Private & Independent
Industry
Communications
Mailing Address
Undisclosed
Austin, TX 73301
USA
Phone
Undisclosed
Email Address
Overview
Albedo (YC W21) designs and operates satellites that capture the highest resolution imagery available commercially, along with simultaneously collected thermal infrared imagery. This novel dataset will enable commercial applications that, until now, have been limited due to the lack of affordability, timeliness, and spatial resolution required for the majority of EO applications.
Profile
Albedo LinkedIn Company Profile
Social Media
Albedo Company Twitter Account
Company News
Albedo News
Facebook
Albedo on Facebook
YouTube
Albedo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Topher Haddad
  Topher Haddad LinkedIn Profile  Topher Haddad Twitter Account  Topher Haddad News  Topher Haddad on Facebook


 

 

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