The series B funding brought Earth observation satellite maker Iceye’s total to $53m with the help of investors including government-owned Tesi.
Iceye, a Finland-based Earth observation satellite spinout of Aalto University, obtained $34m in a series B round today backed by government-owned investment firm Finnish Industry Investment (Tesi).
The round was led by venture capital firm True Ventures and featured Seraphim Capital, which manages the government and corporate-backed Seraphim Space Fund.
Three VC funds allied to the Draper Venture Network – Draper Nexus, Draper Associates and Draper Esprit – also supplied funding, as did syndicate Space Angels Network and…
