Tech Company Financing Transactions
Hydrosat Funding Round
On 11/18/2021, Hydrosat raised $10 million in Seed funding from OTB Ventures, Cultivation Capital and Expon Capital.
Transaction Overview
Company Name
Announced On
11/18/2021
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Proceeds Purpose
The additional funding will be used to roll out Hydrosat's commercial subscription analytics product early next year and to fully find its first satellite mission, which it will undertake with space services provider Loft Orbital in the second half of next year.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
1250 Connecticut Ave. NW
Washington, DC 20036
USA
Washington, DC 20036
USA
Phone
Undisclosed
Website
Email Address
Overview
Hydrosat is a geospatial data and analytics company. We distill satellite and weather data into actionable insights for our customers. From agriculture and natural resource monitoring to national security support, our satellite data and analytics platform will enable more informed decision-making.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pieter Fossel
Chief Technical Officer
Scott Soenen
President
Royce Dalby
Browse more venture capital transactions:
Prev: 11/18/2021: Facet venture capital transaction
Next: 11/19/2021: Kandji venture capital transaction
Share this article
About Database of VC Transactions
We do our best to document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs