Seraphim Space backs ICEYE – Seraphim Space (SSIT) has made a new $25m investment into ICEYE Oy, the global leader in synthetic aperture radar satellite imaging technology. SSIT first invested in ICEYE in 2017, prior to it launching its first satellite, and has participated in every subsequent ICEYE funding round. ICEYE has since deployed the world’s first and largest constellation of miniaturised satellites that use radar to image the Earth day and night, even through clouds.
ICEYE’s radar technology has the ability to monitor change in near real time with unrivalled sensitivity and at global scale. The unique insights this data provides holds enormous potential to help combat some of the world’s most pressing problems, including climate change.
As part of the transaction, James Bruegger, Chief Investment Officer of Seraphim Space, SSIT’s investment manager, has been appointed to the ICEYE board.
SSIT : Seraphim Space backs ICEYE