LeoLabs Closes $65M Funding

LeoLabs

LeoLabs, a Menlo Park CA-based company focused on providing low Earth orbit (LEO) mapping and Space Situational Awareness (SSA) services, raised $65M in funding.

The round, which has raised over $100m in total funding, was led by Insight Partners and existing investor Velvet Sea Ventures.

The company will use the funds to accelerate its SaaS Platform and global radar network.

Led by Dan Ceperley, CEO and co-founder, LeoLabs provides access to critical mapping and space situational awareness (SSA) data for low Earth orbit. Its services include collision prevention, risk assessment, launch and early orbit support, constellation monitoring, and commercial SSA. Core technology includes a patent-pending global phased-array radar network which tracks debris and satellites in LEO. Observations generated from this network are the foundation of the LeoLabs mapping and SSA software platform, providing timely analytics and accurate orbital and situational data.

The company today serves space agencies, commercial satellite operators, defense, and scientific/academic organizations.

FinSMEs

04/06/2021