Boeing HorizonX Ventures and Singtel Innov8 contributed to the internet-of-things satellite developer's latest round, which follows an ExactEarth investment in 2015.
Australia-based nanosatellite technology developer Myriota closed a $15m series A round yesterday featuring Boeing HorizonX Ventures and Singtel Innov8, respective subsidiaries of aerospace company Boeing and telecoms firm Singapore Telecommunications.
The round was co-led by venture capital firm Blue Sky Venture Capital, which invested out of the $38m South Australian Venture Capital Fund it manages on behalf of the South Australian government, and Main Sequence Ventures, which manages research institute Csiro’s innovation fund. VC firm Right Click Capital also participated.
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