constellr Raises $10M in Seed Financing
Summary
The round was co-led by Lakestar and VSquared, with participation from FTTF, IQT, Amathaon Capital, Natural Ventures, EIT Food, OHB Venture Capital, Next Humanity, and Seraphim. Spearheaded by researchers Max Gulde, Marius Bierdel and Christian Mittermaier, constellr leverages proprietary space infrastructure with sensing capabilities to offer water monitoring for the agricultural sector worldwide. This advanced warning means the risk of crop failure or damage is reduced, allowing more accurate crop yield forecasting and thus stability and management across supply chains. constellr is currently working with large agrifood, agrichemistry and smart irrigation organizations. It currently counts over 40 team members with roots in aerospace engineering, insurance, clean tech, finance and data science.