Unseenlabs: €85 Million Raised To Transformed Maritime Surveillance

By Amit Chowdhry • Feb 28, 2024

Unseenlabs – a France-based company and global leader in maritime surveillance through detection and geolocation of radio frequency signals from space – announced the closure of an exceptional fundraising round of €85 million. This operation – one of the largest in the space industry – confirms the world’s interest in Earth observation and marks a new milestone in Unseenlabs’ development.

This funding round brings together leading investors: Supernova Invest and ISALT via its Strategic Transition Fund and UNEXO. And Unseenlabs’ historical partners, including 360 Capital, OMNES, Bpifrance, Breizh Up managed by UI Investissement, and S2G Ventures, reaffirm their support for this new phase.

The strategic allocation of funds will focus on:

  • Significant expansion of observation capabilities with the launch of multiple satellites.
  • Strengthening Unseenlabs’ international presence, especially in the American and Asian markets, is crucial for the maritime sector.
  • Consolidating activity within private sector segments like oil and gas, insurance, shipowners, economic intelligence, or offshore energy.
  • Innovation and deployment of new products and solutions, thus reinforcing Unseenlabs’ position as a leader in RF maritime surveillance solutions.

Next month, Unseenlabs will be launching two new satellites, BRO-12 and BRO-13, aboard SpaceX Falcon 9 as part of the Transporter-10 mission from Vandenberg Space Force Base (USA).

KEY QUOTES:

“Unseenlabs has accumulated a total funding of €120 million since its inception. This reflects our steady progress and the continued confidence of our investors. The year 2023 marked a turning point for Unseenlabs, consolidating the relevance of our business model and the attractiveness of our offering in the market. This funding will allow us to accelerate our growth, particularly by developing new solutions and strengthening our presence in the private sector. We are excited to continue this journey with our historical partners while welcoming new ones.”

  • Chief Executive Officer, Clément Galic

“Unseenlabs stands out for its innovative approach and its ability to redefine the standards of space observation of radio frequencies. We are convinced of its potential to stay a major global player. The decisive factors of our investment lie in their disruptive technology and the value-addition of their data, crucial for both state maritime missions and private sector markets.”

  • Etienne Moreau, partner at Supernova Invest