Tech Company Financing Transactions
Urban Sky Funding Round
New Legacy Group, Catapult Ventures and Denver Angels invested in a $9.8 million Series A funding round for Urban Sky. The round was announced by the company on 10/16/2023.
Transaction Overview
Company Name
Announced On
10/16/2023
Transaction Type
Venture Equity
Amount
$9,750,000
Round
Series A
Investors
New Legacy Group (Lead Investor)
private investors (Lerer Hippeau)
Proceeds Purpose
The company intends to use the funds to scale its commercial imaging operation, develop advanced stratospheric technology, and broaden its sensor portfolio.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
4800 Race Street
Denver, CO 80216
USA
Denver, CO 80216
USA
Phone
Website
Email Address
Overview
Urban Sky offers a revolution in remote sensing through the new stratospheric microballon. Developer of remote sensing vehicle intended to provide high-resolution earth observation data. The company's vehicle leverages advances in component miniaturization to provide regular mapping changes above cities to image large, remote areas and assets as a service, enabling clients to get precise satellite imagery by reducing the cost of high-resolution remote sensing and weather-related data.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Antonio
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