# Alba Orbital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alba-orbital

- Industry: Aerospace
- Headquarters: Glasgow, UK
- Website: www.albaorbital.com
- Total disclosed funding: $3.4M
- Latest round: Seed (May 14, 2021)
- Investors on record: 6

## About

Alba Orbital Limited is an innovative company specializing in providing affordable access to space through satellite technology, offering a range of products and services for various applications across industries.Founded in 2012 and headquartered in Glasgow, UK, Alba Orbital Limited develops satellite technology solutions. The company was co-founded by Tom Walkinshaw, who has a history of entrepreneurship in the tech sector. In May 2021, Alba Orbital raised USD 3.4 mn in Seed funding led by Metaplanet Holdings, with participation from Y Combinator, Liquid 2 Ventures, Soma Capital, Uncommon Denominator, and Zillionize Angel. This round marked their total fundraising to USD 3.4 mn.Alba Orbital specializes in providing low-cost, turnkey access to space through innovative satellite technology. Their flagship product, the UNICORN-2 platform, allows customers to conduct in-space missions with pico-satellites, catering to applications from research to commercial uses. The company also offers NIGHT LIGHTS, a service for high-resolution satellite imagery at night, supporting urban planning and disaster response. Additionally, Alba Orbital provides satellite launch services starting at EUR 25,000, serving clients including Stanford University, TU Delft, and the European Space Agency (ESA).Alba Orbital generates revenue primarily through B2B transactions, focusing on satellite launch services and subscription models for NIGHT LIGHTS imagery. Customers contract for specific missions or data services, often with custom pricing based on complexity. Their launch services attract startups and research institutions, emphasizing the company's role in making space technology accessible. Through partnerships and innovative offerings, Alba Orbital is positioned to meet the growing demand for satellite communications and data services.With the recent funding of USD 3.4 mn from the Seed round completed in May 2021, Alba Orbital plans to enhance its manufacturing capabilities to produce hundreds more satellites. The funding will facilitate the launch of additional satellite rounds and support their growth strategy, which includes developing new products to expand their service offerings. The company is also exploring entry into new markets, particularly in Asia and North America, to increase its global footprint and cater to the burgeoning satellite industry.

## Funding rounds

- Seed, May 14, 2021, $3.4M — Y Combinator, Zillionize Angel, Liquid 2 Ventures, Uncommon Denominator, Soma Capital, Metaplanet Holdings

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Zillionize Angel (https://capitalatlas.ai/funds/zillionize-angel) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- Uncommon Denominator (https://capitalatlas.ai/funds/uncommon-denominator) — Seed
- Soma Capital — Seed
- Metaplanet Holdings (https://capitalatlas.ai/funds/metaplanet-holdings) — Seed