Descartes Labs Raises $20M Series B-2

Descartes Labs

1613 Paseo De Peralta Ste. 200Santa Fe, NM 87501
505-257-2109
https://www.descarteslabs.com/

Key contact

Name Title
Mark Johnson Co-Founder
SANTA FE, NM, Descartes Labs announced the completion of a $20 million Series B-2 bridge round of financing led by Union Grove Venture Partners
Descartes Labs announced the completion of a $20 million Series B-2 bridge round of financing led by Union Grove Venture Partners (UGVP). The fresh capital brings the company's total fundraising to almost $60 million. The firm received additional funding by existing investors Crosslink Capital and March Capital Partners.

Descartes Labs uses satellite imagery to model complex systems on the planet, like forestry and agriculture. We process data flows from all the major satellite constellations at scale to provide instant access to analysis-ready images of the entire world in a massive, searchable, on-demand interface.

Funding Events

Date Amount Type Investors Lead investor
24/08/2017 $30,000,000 Series B Cargill, Crosslink Capital, Cultivian Sandbox Venture Partners, March Capital Partners March Capital Partners
11/10/2019 $20,000,000 Series B-2 Crosslink Capital, March Capital Partners, Union Grove Venture Partners Union Grove Venture Partners