Tech Company Financing Transactions

Iceye Funding Round

Iceye closed a $87 million Series C venture capital round on 10/3/2020. Backers included True Ventures, DNX Ventures and Draper Associates.

Transaction Overview

Company Name
Announced On
10/3/2020
Transaction Type
Venture Equity
Amount
$87,000,000
Round
Series C
Proceeds Purpose
The company intends to use the funds to accelerate the size of its SAR satellite constellation in the coming years, increasing data availability for all continents through 24/7 customer operations, continuing development of radar imaging capabilities and for establishing spacecraft manufacturing in the US.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
Otaniemi Espoo, 02150
Finland
Phone
Undisclosed
Email Address
Overview
The ICEYE system is unique because we do not rely on traditional optical imaging technology. Unlike camera technology, our radar is not limited by the same requirements -- it's capable of viewing through cloud cover, bad weather, and darkness, providing unlimited access wherever it's needed.
Profile
Iceye LinkedIn Company Profile
Social Media
Iceye Company Twitter Account
Company News
Iceye News
Facebook
Iceye on Facebook
YouTube
Iceye on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rafal Modrzewski
  Rafal Modrzewski LinkedIn Profile  Rafal Modrzewski Twitter Account  Rafal Modrzewski News  Rafal Modrzewski on Facebook
Chief Scientific Officer
Pekka Laurila
  Pekka Laurila LinkedIn Profile  Pekka Laurila Twitter Account  Pekka Laurila News  Pekka Laurila on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/3/2020: Flame Biosciences venture capital transaction
Next: 10/3/2020: Lucid Scientific venture capital transaction

 

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We document every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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