Albedo Space

SoftwareSeries AAustin, USalbedo.com

Latest round

Series A

Last raised

Oct 2023

Total raised

$117M

Investors

16

About Albedo Space

Founded in 2020 and headquartered in Austin, US, Albedo Space Corp. specializes in satellite-based imagery solutions. The company was established by founders AyJay Lasater, David Kelly, Topher Haddad, and Winston Tri.29 mn.Albedo Space Corp. specializes in providing aerial-quality imagery from space through its flagship product, the Clarity-1 satellite. This advanced satellite operates in very low Earth orbit (VLEO) and is designed to deliver high-resolution imagery that empowers decision-makers and organizations to see critical details from a fresh perspective. The imagery facilitates applications in various sectors, including urban planning, agriculture, environmental monitoring, and disaster response, addressing the need for precise data in real-time for effective problem-solving.Albedo's revenue model is primarily focused on B2B transactions, offering subscription-based access to its imagery services and data analytics. This includes a variety of pricing plans tailored to meet the diverse needs of its clients, such as tiered subscriptions for different levels of image resolution and frequency of data updates. Albedo engages in direct partnerships with organizations that require ongoing access to satellite imagery, thus creating a steady revenue stream.Albedo Space Corp. is poised for growth with strategic plans to develop a network of ultra-high resolution Earth-imaging satellites. The company aims to expand its market presence beyond North America, targeting additional international regions by the end of 2024, thereby broadening its client base and enhancing its service offerings. Upcoming innovations in satellite technology are expected to further enhance the capabilities of Albedo’s products, meeting increasing demands for high-resolution imagery.

Who invested in Albedo Space

16 investors across 5 rounds

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Funding rounds

  1. Series A

    Oct 25, 2023

    Amount

    $29M

    Investors

    Locked

  2. Series A

    Oct 25, 2023

    Amount

    $29M

    Investors

    Locked

  3. Series A

    Sep 7, 2022

    Amount

    $48M

    Investors

    Locked

  4. Seed

    Jun 2, 2022

    Amount

    Undisclosed

    Investors

    Locked

  5. Seed

    Apr 19, 2021

    Amount

    $10M

    Investors

    Locked

Questions about Albedo Space

Who invested in Albedo Space?

Albedo Space has 16 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Albedo Space raised?

Albedo Space has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Albedo Space last raise money?

Albedo Space's most recent round on record is a Series A, in Oct 2023.

What does Albedo Space do?

Founded in 2020 and headquartered in Austin, US, Albedo Space Corp.

Where is Albedo Space headquartered?

Albedo Space is headquartered in Austin, US.

Which VCs invest in companies like Albedo Space?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Albedo Space's stage. Their profiles are linked below.

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