Ursa Space, a global satellite intelligence infrastructure company, has held the first close of its Series C Round with USD16 million in funding led by Dorilton Ventures.
Existing investors who participated in the round included Razor’s Edge Ventures, RRE Ventures, Paladin Capital Group, and others.
Ursa Space will use the new investment to respond to a significant increase in customer demand for automated, scalable, analysis-ready satellite data. It will also expand its field sales organisation to support newly emerging markets for earth observation data such as supply chain optimization, logistics, and insurance.
