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Business/Financial

ICEYE Adds $65 Million To Existing Funding Round

By Cal Biesecker

Wednesday, December 18th, 2024

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ICEYE Adds $65 Million To Existing Funding Round

ICEYE satellite displayed in a showroom. Photo: ICEYE

Earth observation company ICEYE on Wednesday said it has closed a $65 million extension to an earlier growth funding round, bringing the total amount raised in 2024 to $158 million. “ICEYE has experienced unwavering momentum over the past few years,” Susan Repo, the Finland-based company’s chief financial officer, said in a statement. “This extension of our growth funding round further bolsters ICEYE’s investment in its capabilities and enables us to respond even better to the growing demand for space-based technology…

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