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Capella Space raises $97 million
Posted: Sun, May 1, 2022, 9:47 AM ET (1347 GMT)
Satellite radar imaging company Capella Space raised $97 million. The company announced the Series C round Monday, led by NightDragon and with participation from existing investors Data Collective Venture Capital and Cota Capital. With the additional funding, Capella will expand its seven-satellite constellation, enhance its Capella Console data platform and hire more staff. Capella says it's seen strong demand for its synthetic aperture radar (SAR) imagery, with revenue doubling in the last year and projected to triple in the next year. The San Francisco-based company has raised $190 million since its founding in 2016.
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