Spaceflux
Summary
London-based Spaceflux, a space intelligence company providing "space domain awareness" services, has successfully raised a £3.5 million extension to its seed round, bringing the total round to £9 million.
Summary of transaction details:
- Value: £9,000,000 (Total Seed Round)
- Sector: DeepTech & AI / Space Tech
- Advisor: Not disclosed
- Key Entities: Target: Spaceflux; Lead Investor: Blackfinch Ventures; Participating Investors: Foresight Group, UK Innovation and Science Seed Fund, SPARX Asset Management; Key Executive: Dr. Marco Rocchetto (Co-founder & CEO)
- Location: London, UK
Note: Founded in 2022, Spaceflux operates an international network of optical sensors across five continents. Combined with its proprietary AI intelligence platform, Cortex, the company tracks satellites and in-orbit debris to provide optical space surveillance. The startup has secured three major orbital intelligence contracts from the UK government (including the Ministry of Defence and UK Space Agency), joined NATO DIANA, and recently been tapped by the Canadian government via MDA Space. This extended seed funding will validate the company's sovereign-grade technology and support the international scaling of its operations.
Lead Investor / Acquirer
Blackfinch Ventures
Advising Broker
Undisclosed Firm
More from Blackfinch Ventures
Original Source
View the original press release or news article describing this transaction in full.
Read Original PostAI Insight Lenses
ProAI-generated analysis from four professional perspectives. Powered by PE Deals.
Sign in to unlock AI Lenses
Sign in