# HEO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/heo

- Industry: Aerospace
- Headquarters: Sydney, Australia
- Website: www.heospace.com/
- Total disclosed funding: $33M
- Latest round: Series B (Sep 21, 2026)
- Investors on record: 20

## About

Based in New South Wales, Australia, and founded in 2016 by William Crowe (CEO), and Hiranya Jayakody (CTO), High Eart Orbit Robotics Pty Ltd also known as HEO Robotics operates as an industrial machinery company that produces satellite-to-satellite pictures and provides intelligence that enables assessment of the status, operation, and abnormal behavior of objects in orbit. In September 2026, HEO raised AUD 37 million in series B funding led by Beaten Zone Venture Partners, with participation from Salus Ventures, AirTree Ventures, National Reconstruction Fund Corporation, TEN13, Deepwater Asset Management, DCode Capital, Paspalis Capital, University of NSW and Wunala Capital.

HEO Robotics is a satellite imaging system developer that has developed a method for acquiring photographs of satellites, space debris, and valuable resource-rich asteroids. The company has opened up the potential of monitoring space debris and asteroids by merging its satellites with swarm technology, allowing users to access optical images of celestial objects whenever they need them.

HEO (High Earth Orbit Robotics Pty Ltd) generates revenue by providing non-Earth imaging, satellite inspection, space object monitoring, and space intelligence solutions to commercial, government, defense, and intelligence customers. The company also earns revenue from its proprietary imaging software and space-based camera technologies.

The company will use the September 2026 funding to advance its technology for deployment in geostationary orbit.

## Funding rounds

- Series B, Sep 21, 2026, $26M — AirTree Ventures, Deepwater Asset Management, Paspalis Capital, Dcode Capital, Wunala Capital, TEN13, University of NSW, Salus Ventures, Beaten Zone Venture Partners, National Reconstruction Fund Corporation, Dumm Capital
- Series A, Oct 12, 2023, $6.3M — In-Q-Tel, Y Combinator, AirTree Ventures, Liquid 2 Ventures, Asymmetry Ventures, AAVCF LLC, Salus Ventures, Newsouth Innovations Pty Limited, Scully Power Family Pty Ltd, Acee Investments Pty Ltd, Osman & Teo Pty Ltd

## Investors

- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- AirTree Ventures (https://capitalatlas.ai/funds/airtree-ventures) — Series A, Series B
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Series A
- Asymmetry Ventures (https://capitalatlas.ai/funds/asymmetry-ventures) — Series A
- AAVCF LLC — Series A
- Salus Ventures (https://capitalatlas.ai/funds/salus-ventures) — Series A, Series B
- Newsouth Innovations Pty Limited — Series A
- Scully Power Family Pty Ltd — Series A
- Acee Investments Pty Ltd — Series A
- Osman & Teo Pty Ltd — Series A
- Deepwater Asset Management (https://capitalatlas.ai/funds/deepwater-asset-management) — Series B
- Paspalis Capital (https://capitalatlas.ai/funds/paspalis-capital) — Series B
- Dcode Capital (https://capitalatlas.ai/funds/dcode-capital) — Series B
- Wunala Capital (https://capitalatlas.ai/funds/wunala-capital) — Series B
- TEN13 (https://capitalatlas.ai/funds/ten13) — Series B
- University of NSW — Series B
- Beaten Zone Venture Partners (https://capitalatlas.ai/funds/beaten-zone-venture-partners) — Series B
- National Reconstruction Fund Corporation — Series B
- Dumm Capital — Series B