Tech Company Financing Transactions

Albedo Funding Round

Albedo, operating out of Austin, scored $48 million in investment from Breakthrough Energy Ventures, Shield Capital and C16 Ventures.

Transaction Overview

Company Name
Announced On
9/7/2022
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to complete development of its first satellite and develop the software to support satellite operations and deliver imagery to users.

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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