Itochu, Mitsui and Qualcomm Ventures were among the investors that supplied series D funding to weather nanosatellite developer Spire Global.
US-based nanosatellite manufacturer Spire Global raised more than $40m yesterday in a series D round that included mobile semiconductor producer Qualcomm and diversified conglomerates Itochu and Mitsui.
GPO Fund led the round, which also attracted the state-owned Scottish Investment Bank as well as Perennial Value Management, Bessemer Venture Partners (BVP), RRE Capital, Expon Capital, Seraphim Capital and unnamed additional investors. Qualcomm took part through corporate venturing unit Qualcomm Ventures.
Founded in 2012 as NanoSatisfi, Spire Global operates a network of…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
