Near Space Labs, a NYC-based stratospheric remote sensing company, raised $20M in Series B funding.
The round was led by Bold Capital Partners, with participation from USAA, Climate Capital, Gaingels, and River Park Ventures, joined by existing investors Crosslink Capital, Third Sphere, Draper Associates, and others.
The company intends to use the funds to increase imagery coverage to include 80 percent of the U.S. population twice a year, providing industries like property and casualty (P&C) insurance with 7cm imagery to optimize decision-making.
Led by CEO Rema Matevosyan, Near Space Labs specializes in stratospheric remote sensing, providing aerial imagery through its network of Swift robots. Its private market focus has enabled to build sustainable technology that meets the needs of commercial clients while reducing reliance on federal funding.
It has raised over $40M to date.
FinSMEs
29/04/2025