Investment in Reaches $15M to Secure First 3 Hyperspectral Satellites
Summary
Wyvern raised an additional $7 million, bringing total funding to $15 million. The company will use the capital to launch and operate its first three hyperspectral satellites. It says the satellites will deliver 5-meter resolution imagery to early customers in early 2023. The company expects demand for its hyperspectral data to grow across agriculture, forestry, emissions monitoring, energy, and defense.
Funding
Amount
$7.0M
Total raised
Date
November 1, 2022
Announcement date
Investors
Cross Culture Ventures, Y Combinator, Uncork Capital
Lead investors
Company
wyvern.space
Funded company
Classifications
industries
No industries detected
applications
Engineering & Scientific
AskAI Classifications
Labels
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