It follows one article published today on Satnews website, highlighting the achievement of Satellogic being now the sole supplier of high-resolution, hyper-spectral imagery in the world. The company got the acquisition of $27M in series B funding.
TWIN SUCESSES FOR SATELLOGIC. ACQUISITION OF $27M IN SERIES B FUNDING PLUS LAUNCH OF THE HYPERSPECTRAL SMALLSAT
Satellogic™, a world leader in affordable, high-resolution Earth Observation (EO), has just announced the company has closed a substantial $27 million Series B funding round.
The closing of the series B round happened during the same week as the launch into orbit of the company’s sixth smallsat (the third in its high-resolution imaging constellation) on June 15 from Jiuquan, China. Investors in this round include the Chinese company Tencent® as the lead, backed up by São Paulo-based Pitanga™, CrunchFund™ and other investors.