Finland's ICEYE closes 62M extension - Silicon Canals
Briefly

Susan Repo, CFO at ICEYE, says, "ICEYE has experienced unwavering momentum over the past few years. This extension of our growth funding round further bolsters ICEYE's investment in its capabilities and enables us to respond even better to the growing demand for space-based technology in the global defence and ISR markets."
The funding round extension included participation from funds managed by Solidium Oy, BlackRock, Seraphim, Plio Limited, and Christo Georgiev. With this support, the total amount raised in 2024 now stands at $158M.
Founded in 2015, ICEYE is a high-growth technology company designing and manufacturing SAR-satellites, providing imaging data, and analytics based on their own satellite constellation, enhancing applications like environmental monitoring and disaster response.
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