Insight Partners and Velvet Sea Ventures led a $65m Series B funding round in LeoLabs.

Insight Partners, a venture capital and private equity firm, and Velvet Sea Ventures, a multi-stage venture capital firm, led a $65m Series B funding round in LeoLabs, a commercial provider of low Earth orbit mapping and space situational awareness services. “This latest round of funding is a testament to our mission to inform, secure and enable the revolution of services entering low Earth orbit. It sets the stage for the next phase of our growth as we build our team and our global footprint in the SSA domain. We now have the resources to accelerate the global deployment of next-generation radars for tracking small debris and satellites in LEO, and to expand development of our scalable LEO mapping and SSA platform," Dan Ceperley, LeoLabs CEO and Co-Founder.