Tech Company Financing Transactions
Satellite Vu Funding Round
On 11/29/2024, Satellite Vu raised $13 million in funding from Adara Venture Partners, Molten Ventures and Lockheed Martin.
Transaction Overview
Company Name
Announced On
11/29/2024
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Undisclosed
Investors
Adara Venture Partners (Lead Investor)
Molten Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to launch HotSat-2 and HotSat-3, which are both expected to ship for launch in 2025.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
16 High Holborn
London, WC1V 6BX
UK
London, WC1V 6BX
UK
Phone
Undisclosed
Website
Email Address
Overview
Satellite Vu was founded in 2016 with the aim to fill the void in high resolution thermal data from space. It has, since then, turned into a high-growth space tech company poised to help the globe address its sustainability challenges through high-resolution thermal imaging.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anthony Baker
Chief Technical Officer
Tobias Reinicke
VP - Bus. Development
Simon Tucker
VP - Sales
Alex Gow
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