Allied Minds has reinvested in spectral satellite imaging company Orbital Sidekick to help fuel the latter's sales, development and product plans.
Commercialisation firm Allied Minds has committed $2.5m to a $16m round for US-based hyperspectral satellite imaging provider Orbital Sidekick.
The round was led by Singaporean government-owned investment firm Temasek and was also backed by early-stage venture fund 11.2 Capital, Energy Innovation Capital and Syndicate 708.
Allied Minds’ investment includes the conversion of an earlier option agreement.
Founded in 2016, Orbital Sidekick plans to use satellites to capture highly-detailed images of ground objects such as infrastructure.
The…
