HawkEye 360, a commercial provider of space-based radio frequency (RF) data and analytics, announced it has closed $145 million in new funding, priming the company to achieve transformational growth in its data and analytical services product line.
This Series D round was led by New York-based global private equity and venture capital firm Insight Partners and Seraphim Space Investment Trust (LSE:SSIT), the world’s first listed space tech fund. Additional funding was provided by the Strategic Development Fund (SDF), the investment arm of UAE's Tawazun Holding. And joining the round were new investors Jacobs, Gula Tech Adventures, 116 Street Ventures, and New North Ventures, as well as existing investors Advance, Razor’s Edge, NightDragon, SVB Capital, Shield Capital, Adage Capital, and others. This brings the total amount of capital raised to date to $302 million.
HawkEye 360 is delivering a revolutionary source of global knowledge based on RF geospatial intelligence to those working to make the world a safer place. The company will use the funding to expand its satellite constellation and complementary infrastructure, accelerating the growth of the company's services to customers in the humanitarian, environmental, commercial and national security sectors.
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