What is Open Cosmos?
Open Cosmos is at the forefront of designing, building, and operating space missions, providing streamlined access to high-quality satellite data and actionable insights on a global scale. Their comprehensive mission service encompasses satellite assembly, launch campaigns, in-orbit operations, and data delivery. By offering a mutualized satellite constellation for earth observation, Open Cosmos empowers customers to leverage diverse and reliable data streams for addressing critical global challenges. The company's cloud-based platform integrates high-resolution imagery with advanced visualization tools, facilitating enhanced decision-making for its clientele.
How much funding has Open Cosmos raised?
Open Cosmos has raised a total of $57M across 2 funding rounds:
Series A
$7M
Series B
$50M
Series A (2018): $7M with participation from BGF Ventures
Series B (2023): $50M led by A&G Services, Santander, Trill Impact, Accenture, ETF Partners, and Claret Capital Partners
Key Investors in Open Cosmos
A&G Services
A&G Services, a provider of mechanical, plumbing, and piping solutions, participated in the funding round, bringing expertise potentially relevant to the physical infrastructure aspects of space missions.
Santander
Santander, a prominent multinational commercial bank, has invested in Open Cosmos, indicating a financial backing that supports the company's scaling and operational expansion.
Trill Impact
Trill Impact, a European private markets firm focused on impact investments, has backed Open Cosmos, aligning with the company's mission to leverage satellite data for addressing global challenges and driving positive environmental and social change.
What's next for Open Cosmos?
The recent major strategic investment positions Open Cosmos for accelerated growth and expansion within the burgeoning space technology sector. This capital infusion is expected to fuel further development of their satellite constellation and data analytics capabilities, enabling them to tackle increasingly complex global challenges. The company's focus on providing accessible and high-quality satellite data suggests a strategic push towards broader market penetration and the establishment of new partnerships, solidifying its role as a key player in the earth observation market.
See full Open Cosmos company page
