Iceye, a Helsinki, Finland-based company which specializes in synthetic aperture radar (SAR) satellite operations for Earth Observation, persistent monitoring, and natural catastrophe solutions, raised $93M in Growth funding.
The round, which brought the total amount raised to $438M, was led by Solidium Oy, with participation from Move Capital Fund I, Blackwells Capital, Christo Georgiev, and existing investors.
The company intends to use the funds to further accelerate investment in a large constellation of SAR satellites and expand its portfolio of innovative data and subscription products.
Led by CEO Rafal Modrzewski, Iceye provides objective, near real-time insights, ensuring that customers have access to actionable data, day or night, even in challenging environmental conditions. As a used partner to governments and commercial industries, it delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development.
The company has more than 600 employees.
FinSMEs
17/04/2024