Friday, 26 May, 2023

Satellite Vu Closes $15.8M Ahead of First Launch

Satellite Vu, a British startup developing a constellation of thermal imaging satellites, has closed a $15.8 million Series A-2 funding round. The round was led by Molten Ventures, with participation from Seraphim Space, A/O Proptech, Lockheed Martin, Ridgeline Ventures, Earth Sciences Foundation and Stellar Ventures. The company plans to use the funding to build its first two satellites, which are scheduled to launch in 2024. The company is headquartered in London.