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Unseenlabs raises €20 million for its nanosatellites

29 Apr, 2021
This round of financing brings together new investors such as 360 Capital, Omnes Capital and Blue Oceans Partners, alongside historical partners Breizh Up, the Definvest fund and Hemeria.

French spacetech company Unseenlabs has raised 20 million euros in a recent funding round. The funding was provided by new investors such as 360 Capital, Omnes Capital, and Blue Oceans Partners, as well as previous partners Breizh Up, Definvest, and Hemeria. With this new funding, Unseenlabs plans to launch an additional 20 to 25 nanosatellites.

Unseenlabs was founded in 2015 and specializes in developing payloads for satellites that can detect and locate electromagnetic waves emitted by ships in the ocean in near-real-time. The company has already launched three nanosatellites and provides services to institutions, non-governmental organizations, and businesses to combat illegal fishing, illicit trafficking, and piracy.

The recent funding round will allow Unseenlabs to accelerate its growth and expand its constellation of nanosatellites. The company's innovative technology has garnered attention from investors interested in supporting sustainable solutions to global challenges.

360 Capital is a venture capital firm focused on investing in early-stage startups in France. Omnes Capital is a private equity and infrastructure investment firm that supports companies focused on sustainable development. Blue Oceans Partners is an investment firm specializing in companies focused on environmental and social sustainability. Breizh Up is a regional investment fund that supports growing businesses in Brittany. Definvest is a thematic investment fund created by the French government to support companies in strategic sectors such as defense and security. Hemeria is a French company that provides engineering and technical services to the space industry.

Unseenlabs' innovative technology and mission to support sustainability align with the values of its investors. The company's success in this funding round will enable it to continue to develop and implement solutions that address critical global issues.

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