USA – Ursa Space, an Ithaca, NY-based global satellite intelligence infrastructure company, held the first close of its Series C Round with $16m in funding.
The round was led by Dorilton Ventures with participation from existing investors Razor’s Edge Ventures, RRE Ventures, Paladin Capital Group, and others. The company intends to use the funds to increase customer demand for automated, scalable, analysis-ready satellite data expand its field sales organization to support newly emerging markets for earth observation data such as supply chain optimization, logistics, and insurance. Led by Adam Maher, co-founder and CEO, Ursa leverages its radar satellite network and data fusion expertise to provide tools that enable customers to identify real-time changes in the physical world. Subscription and custom services enable customers to access satellite imagery and analytic results with no geographic, political, or weather-related limitations.Ursa Space manages a large Virtual Constellation of satellite imagery from SAR, optical, and RF data vendors around the globe. With over 16 million images cataloged and growing each day, this database enables the company’s expert solutions team to work with developers in multiple market verticals to solve real-world problems.21/03/2022
