Tech Company Financing Transactions
ReOrbit Funding Round
ReOrbit closed a $7.4 million Seed funding round on 9/1/2023. Investors included Inventure, 10x Founders and Expansion.
Transaction Overview
Company Name
Announced On
9/1/2023
Transaction Type
Venture Equity
Amount
$7,400,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its development strategy focusing on international expansion and products.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Itälahdenkatu 22A
Helsinki, 00210
FI
Helsinki, 00210
FI
Phone
Undisclosed
Website
Email Address
Overview
ReOrbit is a leading provider of software-defined satellites. We transform technology and enable space applications of our current and future society where efficiency, sustainability and security are unlocked to their full potential. Our target position of streamlining data flow in space feeds into our ambition as a company: to expand universal coverage, close the digital divide around the world and benefit the environment. We offer ready-to-go space systems and avionics for flexible and timely missions at any orbit, which pave the way for a more sustainable, efficient and connected global society on Earth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sethu Suvanam
Chief Technical Officer
Ignacio Chechile
VP - Finance
Karen Tuomola
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