Tech Company Financing Transactions
Kuva Space Funding Round
Nordic Foodtech VC, Voima Ventures and Earth Venture Capital participated in a $17.7 million funding round for Kuva Space. The round was announced on 11/2/2023.
Transaction Overview
Company Name
Announced On
11/2/2023
Transaction Type
Venture Equity
Amount
$17,712,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development of its patented hyperspectral camera and space technology, double its team size, launch its AI analytics platform, and expand its presence in key markets, starting with the United States.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
Otakaari 5 / A Grid
Espoo, 02150
FI
Espoo, 02150
FI
Phone
Undisclosed
Website
Email Address
Overview
The world faces unprecedented challenges environmentally, geopolitically, and socioeconomically. Timely and actionable spaceborne insights will help us make informed decisions. Kuva Space is revolutionizing Earth observation services by building the world's most extensive hyperspectral satellite constellation and leveraging advanced AI to deliver near real-time value adding services. We believe in the power of continuous measurement-based insights. Leveraging the power of automation and artificial intelligence, we develop accessible, affordable, and actionable information to mitigate climate change impacts and make informed choices that promote a sustainable future.
Management Team
Title
Name
Email & Social
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