What is Satellogic?
Satellogic is at the forefront of building a scalable, fully automated earth observation platform designed to remap the entire planet with unparalleled frequency and resolution. Headquartered in Montevideo, Uruguay, the company's vertically integrated approach allows for end-to-end control of its satellite constellation and data processing capabilities. This comprehensive model enables Satellogic to deliver advanced geospatial analytics, catering to a diverse range of industries requiring real-time insights from space.
How much funding has Satellogic raised?
Satellogic has raised a total of $257M across 4 funding rounds:
Series B
$27M
Private Equity
$50M
Private Equity
$150M
Other Financing Round
$30M
Series B (2017): $27M with participation from Fundo Pitanga and Tencent
Private Equity (2019): $50M led by Pitanga and Tencent
Private Equity (2022): $150M supported by Liberty Strategic Capital
Other Financing Round (2024): $30M featuring Tether Token
Key Investors in Satellogic
Liberty Strategic Capital
Liberty Strategic Capital is a private equity firm that likely focuses on investments in technology and security sectors, given its name and the nature of Satellogic's business.
Tencent
Tencent is a global technology conglomerate known for its investments in internet services, gaming, and artificial intelligence, suggesting a strategic interest in data-driven platforms and future technologies.
Tether Token
Tether is a stablecoin issuer and blockchain-enabled platform, indicating a potential interest in the underlying technology and data infrastructure that Satellogic provides.
What's next for Satellogic?
With its recent major enterprise-level funding, Satellogic is poised for accelerated growth and expansion. The capital infusion is expected to bolster its efforts in enhancing its satellite constellation, advancing its data analytics capabilities, and broadening its market reach. This strategic investment will likely enable Satellogic to further solidify its competitive advantage in the rapidly evolving geospatial intelligence sector, potentially leading to new product development and deeper penetration into global markets.
See full Satellogic company page