The market intelligence provider was among the investors in a round that will fund further development of Ursa Space Systems' technology.
Ursa Space Systems, a US-based developer of satellite imaging analytics technology, has closed a $7m series A round featuring financial information and credit ratings provider S&P Global.
The round was led by investment firm Paladin Capital and included venture capital firms New Enterprise Associates and RRE Ventures as well as undisclosed strategic investors.
Ursa had previously raised $1m in equity and in debt financing, according to regulatory filings. It will use the series A proceeds to further develop its machine…
