HawkEye 360 Raises $145M in Series D Funding

HawkEye 360, a Herdon VA-based commercial provider of space-based radio frequency (RF) data and analytics, raised $145m in Series D funding.

The round, which brought the total amount of capital raised to date to $302m, was led by Insight Partners and Seraphim Space Investment Trust (LSE:SSIT) with participation from Strategic Development Fund (SDF), Jacobs, Gula Tech Adventures, 116 Street Ventures, New North Ventures, Advance, Razor’s Edge, NightDragon, SVB Capital, Shield Capital and Adage Capital. In conjunction with the funding, Nick Sinai will join HawkEye 360’s board.

The company intends to use the funds to expand its satellite constellation and complementary infrastructure, accelerating the growth of its services to customers in the humanitarian, environmental, commercial and national security sectors.

Led by CEO John Serafini, HawkEye provides a delivering source of global knowledge based on radio frequency (RF) geospatial intelligence. The company operates a commercial satellite constellation that detects, characterizes and precisely geolocates these RF signals from a broad range of emitters, including VHF marine radios, UHF push-to-talk radios, maritime and land-based radar systems, L-band satellite devices and emergency beacons. By processing and analyzing this RF data, the company delivers actionable insights and a unique knowledge for operations across a broad range of sectors.

FinSMEs

09/11/2021