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Seraphim Space led a $136m Series D funding round in ICEYE.

Synopsis

Seraphim Space, a venture capital firm, led a $136m Series D funding round in ICEYE, a provider of a radar satellite imaging service, with participation from BAE Systems, Kajima Ventures, Molten Ventures, OTB Ventures, True Ventures, C16 Ventures, Chione, Services Group of America, National Security Strategic Investment Fund, Space Capital and Promus Ventures . “ICEYE has gone from strength-to-strength since we first invested in the company in 2017. We’ve watched the company prove the impossible, possible by launching the world’s first miniaturised SAR satellite capable of imaging the planet day and night, to now having grown into being the world’s largest operator of SAR imaging satellites. As the world’s leading specialist investor focused on the New Space ecosystem, we have identified ICEYE as one of the sector’s brightest stars. We anticipate that its global scale persistent monitoring of the planet will have a major impact in helping address some of our most pressing challenges," James Bruegger, Seraphim Space Chief Investment Officer.

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