| U.K.-based Satellite Vu, a startup developing a satellite constellation for monitoring thermal emissions, raised £12.7M ($15.8M) as part of its Series A extension. The company plans to measure heat emitted from individual buildings for governments and businesses to reduce their emissions. - The company expects its satellites will be able to collect imagery at 3.5 meters per pixel.
- Satellite Vu claims $160M in customer commitments via the option to acquire satellite capacity.
- "Their
$160M in early commitments is a stellar model of pre-launch sales for
deep-tech companies, which other climate-tech firms could emulate,"
said Molten Ventures' head of climate tech, George Chalmers.
- The
round included participation from Stellar Ventures, Lockheed Martin,
Seraphim Space, A/O Proptech, Ridgeline Ventures, and Earth Sciences
Foundation.
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