HawkEye 360 extended its series B round, already backed by Airbus and Esri, to at least $85m with a $15m contribution from family office Advance, which has also bough Allied Minds' stake.
HawkEye 360, a US-based data gathering satellite operator backed by aerospace manufacturer Airbus and mapping software developer Esri, added $15m from family investment office Advance on Friday to bring its series B round to $85m.
The commitment follows the first $70m series B tranche in August 2019, which featured Airbus and Esri, as well as commercialisation firm Allied Minds, Razor’s Edge Ventures, Shield Capital Partners and unnamed additional investors.
Advance is now the spinout’s biggest shareholder after paying $65.6m…
