SatVu Raises £30 Million In NATO Innovation Fund-Backed Round To Scale Multi-Satellite Constellation
By Amit Chowdhry ● Today at 5:03 PM
SatVu, a UK-based thermal intelligence company that reveals operational activity and infrastructure performance from space, has closed a £30 million ($40 million) funding round, bringing its total equity funding to £60 million ($80 million). The round includes a strategic investment from the NATO Innovation Fund, alongside the British Business Bank, Space Frontiers Fund II (managed by SPARX Asset Management Co. Ltd.), and Presto Tech Horizons. Existing investors also participated, including Molten Ventures as the lead investor, Adara Ventures, Ridgeline Ventures, NOA, Lockheed Martin, Seraphim Space Fund, and Stellar Ventures. The raise supports the company’s transition from a single-satellite demonstration to the execution of a multi-satellite constellation.