Fund News
Albedo closes $35M at boosted valuation to build satellites that orbit very, very close to Earth
Albedo, the first company to offer aerial quality imagery from space – enabled by the new orbit frontier of VLEO (very low earth orbit) – recently announced a $35M Series A-1 financing round led by Standard Investments, bringing the company’s total funding to $97M.
TechCrunch highlighted the Standard Investments company and its plan to launch its first commercial satellite.
Read the full article from TechCrunch here.