Singtel Innov8 and Boeing HorizonX Ventures backed a $19.3m round to take the total raised by the satellite connectivity technology developer to more than $37m.
Myriota, an Australia-based developer of satellite internet-of-things (IoT) technology, received $19.3m yesterday in a series B round featuring subsidiaries of aerospace manufacturer Boeing and telecommunications firm Singtel.
Boeing HorizonX Ventures and Singtel Innov8 joined Hostplus and Main Sequence Ventures, which co-led the round, in addition to In-Q-Tel, the state government-owned South Australian Venture Capital Fund, Right Click Capital and former Australian prime minister Malcolm Turnbull.
Founded in 2015, Myriota runs a fleet of small satellites that exchange data with industrial…