SkyFi, an AI-first Earth intelligence platform, has raised $12.7 million in an oversubscribed Series A round to expand access to on-demand satellite imagery and built-in geospatial analytics across commercial and government use cases. The financing was co-led by Buoyant Ventures and IronGate Capital Advisors, with new participation from DNV Ventures, TFX Capital, Beyond Earth Ventures, Nova Threshold, and Chris Morisoli, alongside existing investors RSquared VC and J2 Ventures.
The company said it will use the new capital to accelerate product development and strengthen its user experience, including enhancements to its web and mobile interfaces and analytical tools. SkyFi also plans to expand partnerships with satellite operators to grow its on-demand data offerings and AI-enabled analytic capabilities for customers globally.
Co-founded by Luke Fischer and Bill Perkins, SkyFi operates a self-service platform that allows customers to task satellites, access archived imagery, and run built-in analytics without requiring specialized GIS expertise or long-term contracts. The company said it works with more than 50 geospatial imagery partners and provides access to multiple data types, including optical, synthetic aperture radar (SAR), hyperspectral, and aerial imagery, supporting applications across defense, energy, finance, infrastructure and construction, environmental services, agriculture, insurance, and mining.
SkyFi is positioning its platform as “dual-use,” serving both civilian and defense needs, as demand increases for faster decision-making based on geospatial intelligence. The company cited estimates from a World Economic Forum report produced in collaboration with Deloitte that valued Earth data’s potential value-added at $266 billion in 2023, with projections rising to more than $700 billion by 2030, and a cumulative economic benefit potential of $3.8 trillion from 2023 to 2030.
In 2025, SkyFi said it launched custom-built platforms for commercial satellite partners including Vantor (formerly Maxar Intelligence), ICEYE US, and Planet to provide on-demand access to high-resolution imagery and analytics. The company also said it was selected to participate in NATO’s Defence Innovation Accelerator for the North Atlantic (DIANA) 2026 Challenge Programme, noting it was chosen among 150 companies from 3,600 applications across 24 NATO countries.
KEY QUOTES:
“This funding is a testament to the strong demand for a more accessible approach to Earth observation data. Geospatial intelligence is essential not only for military and defense purposes but for commercial uses as well. From asset and supply chain monitoring, to insurance and real estate, to energy utilities, agriculture, and environmental protection, we believe that powerful insights from space should be available to everyone, not just a select few. This capital will allow us to scale our platform and empower more customers globally to leverage satellite data to solve critical challenges across various industries.”
Luke Fischer, CEO and co-founder, SkyFi
“SkyFi is transforming how we access and use geospatial data by making satellite insights affordable, intuitive, and widely available. Their platform opens the door to critical applications in energy, agriculture, climate monitoring, disaster response, and defense. We’re thrilled to back a team that is democratizing access to Earth Observation data and driving solutions to global challenges, especially at a time when federal and public data resources are dwindling.”
Laura Katzman, Partner, Buoyant Ventures
“The state of the world today requires rapid access to intelligence–not only for governments and their national security but for commercial entities and their operational success. SkyFi provides users with an intuitive, robust platform to derive on-demand insights from geospatial data and analytics. From supply chain disruptions to natural disasters, geopolitical tensions to environmental monitoring, the world’s toughest challenges necessitate accessible, actionable data in order to be solved. We are proud to back SkyFi, a true dual-use company that is making earth intelligence–and the answers it provides–available to all who need it.”
Hamlet Yousef, Managing Partner, IronGate Capital Advisors
