""I think the real goal for us is providing answers for customers, both government and commercial," Fischer said. "Imagery is a commodity, or it's closely becoming a commodity, [so it's] not just about speed of delivery, but more importantly, speed of delivery of answers to customers." Being able to offer insights along with easy-to-access imagery is a big reason why SkyFi was just able to close a $12.7 million Series A funding round, according to Fischer."
"It was co-led by climate-focused fund Buoyant Ventures and IronGate Capital Advisors, which invests in dual-use companies. Other investors included DNV Ventures (the investment arm of 160-year-old maritime company DNV), Beyond Earth Ventures (a space-focused firm), and TFX Capital (which has made a number of defense-related space investments). Fischer said he and co-founder Bill Perkins - who comes from the hedge fund world, hence the emphasis on generating actionable insights - initially only sought to raise a round of about $8 million."
There are thousands of satellites orbiting Earth that can capture near-real-time images. SkyFi built a platform that aggregates imagery from more than 50 geospatial partners and provides analytics, mobile access, and the ability to task satellites for scheduled captures. The company focuses on delivering answers and actionable insights to government and commercial customers, arguing that imagery is becoming a commodity and speed of actionable delivery matters. SkyFi closed a $12.7 million Series A led by Buoyant Ventures and IronGate Capital Advisors, with participation from DNV Ventures, Beyond Earth Ventures, and TFX Capital. Founders Luke Fischer and Bill Perkins initially targeted about $8 million but raised more due to investor demand.
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