ICEYE leads a new era of sovereign intelligence
India, Aug. 28 -- ICEYE has raised EUR 450 million (USD 520 million) in a primary Series F funding round led by General Atlantic, at a valuation of over EUR 10 billion (USD 12 billion). Additional investors include Solidium, Tesi, Varma, Ilmarinen, Lifeline Ventures, as well as Nokia, from Finland, Qatar Investment Authority (QIA) and TCV. Together with a secondary placement, the total Series F funding round exceeds EUR 1 billion. The breadth of the investor group signals recognition that sovereign and commercial access to space-based intelligence is essential to national security and resilience worldwide. Seven governments to date across Europe have procured sovereign satellite systems from ICEYE, making it the leading provider of space ba...
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