GSTC 2023

HawkEye 360 raises $145 million from Seraphim and others

An artist’s rendering of a HawkEye 360 Hawk Pathfinder satellite. Image courtesy of HawkEye 360.

Luxembourg/ Herndon, Virginia, 9 November 2021. – HawkEye 360 receives additional funding of $145 million from Insight Partners and Seraphim Space, the space data company said.

The series D round was led by New York-based global private equity and venture capital firm Insight Partners and Seraphim Space Investment Trust, the world’s first listed space tech fund, HawkEye said.

Additional funding was provided by the Strategic Development Fund (SDF), the investment arm of the United Aarab Emirat’s Tawazun Holding, and Jacobs, Gula Tech Adventures, 116 Street Ventures, and New North Ventures, as new investors; the existing investors Advance, Razor’s Edge, NightDragon, SVB Capital, Shield Capital, and Adage Capital added to the round.

This brings the total amount of capital raised by HawkEye 360 to date to $302 million, the company said.

HawkEye 360 wants to use the funding to expand its satellite constellation and complementary infrastructure and accelerate the growth of its services to customers in the humanitarian, environmental, commercial and national security sectors.

Check Also

#SpaceWatchGL Opinion: Do Space Forces Really Contravene International Space Law?

On the heels of Israel’s purported announcement of the development of its “space administration” Space Force, one cannot help but wonder if the emergence of Space Forces is yet another affront to the provisions of the legal framework that governs outer space.