Pioneer in space-based radio frequency signal detection raises €85 million
Summary
All of Unseenlabs’ historical partners – 360 Capital, OMNES, Bpifrance, Breizh Up managed by UI Investissement, and S2G Ventures – also reaffirm their support for this new phase by investing in the new funding round. The strategic allocation of funds will focus on: • Consolidation of activity within private sector segments, such as oil and gas, insurance, shipowners, economic intelligence, and offshore energy • Significant expansion of observation capabilities, with the launch of multiple satellites • Strengthening Unseenlabs’ international presence, particularly in the American and Asian markets, which are crucial for the maritime sector • Recruitment of new talent, supporting the company’s strategic vision and operational excellence • Innovation and deployment of new products and solutions, thereby reinforcing Unseenlabs’ position as a leader in RF maritime surveillance solutions "After our previous fundraising rounds in 2018 and 2021, we are proud to announce this new €85 million fundraising. Founded in 2015 by the Galic brothers, Unseenlabs is revolutionising maritime surveillance through its proprietary technology for detecting radio frequency signals emitted by ships, enabling precise geolocation of boats from space. Unseenlabs works with dozens of clients internationally, addressing various issues: securing maritime areas, protecting the seabed, tracking ships, combating piracy, etc. Laurent Le Portz, Investment Director at UI Investissement, adds: "Through the renewed commitment of Breizh Up, which has been present since the first round, the Région Bretagne reaffirms its intention to support the development of Unseenlabs and its Earth observation technologies aimed at protecting our oceans and maintaining environmental balances."