ICEYE
Latest round
- Series E
Last raised
- Dec 2025
Total raised
- $175M
Investors
- 10
About ICEYE
Based in Poland, ICEYE provides innovative satellite radar technology, focusing on persistent Earth Observation and disaster management solutions through high-resolution imagery and analytics for diverse applications. Founded in 2014 in Espoo, Finland by Rafal Modrzewski and Pekka Laurila. ICEYE specializes in satellite radar technology, providing Earth observation solutions. ICEYE is a leader in Synthetic Aperture Radar (SAR) satellite technology, specializing in persistent Earth Observation and disaster management solutions. The company's core offerings include high-resolution satellite imagery with a fidelity of 25 cm, which is utilized for tactical decision-making in diverse conditions. ICEYE's services are designed to empower various end-users, including governments, insurers, and disaster response teams, by providing near real-time data on natural catastrophes such as floods, hurricanes, and wildfires. Their machine learning-powered Flood Rapid Impact Product represents a recent innovation aimed at enhancing disaster response capabilities. ICEYE serves a global market, including partnerships with entities such as NATO, the Finnish Ministry of Defense, and the Royal Netherlands Air Force, thereby establishing a wide-reaching customer base across Europe and beyond. ICEYE generates revenue primarily through subscriptions and partnerships with governmental and commercial entities that require access to its satellite data and analytics. Their clients engage in business transactions that typically involve access to SAR data products and tailored solutions based on specific needs. In addition to direct contracts with customers, ICEYE collaborates with reinsurance companies, such as MAPFRE RE, to license its global flood data. The pricing structure for ICEYE's services is based on the value provided through detailed analytics and the frequency of satellite imagery tasks, although specific pricing details for flagship services are not publicly disclosed. This transactional model underscores ICEYE's commitment to delivering actionable intelligence and custom solutions in the realm of disaster management and defense operations. In August 2025, Vinci acquired ICEYE for USD 11 million, enabling the company to expand its holdings and enhance its satellite offerings across Europe and beyond. This acquisition is expected to support ICEYE's strategy for growth by enhancing its product portfolio and enabling entry into new geographic markets.
Who invested in ICEYE
10 investors across 1 round
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Funding rounds
Series E
Dec 5, 2025
Amount
$175M
Investors
Questions about ICEYE
Who invested in ICEYE?
ICEYE has 10 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ICEYE raised?
ICEYE has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ICEYE last raise money?
ICEYE's most recent round on record is a Series E, in Dec 2025.
What does ICEYE do?
Based in Poland, ICEYE provides innovative satellite radar technology, focusing on persistent Earth Observation and disaster management solutions through high-resolution imagery and analytics for diverse applications.
Where is ICEYE headquartered?
ICEYE is headquartered in Espoo, Finland.
Which VCs invest in companies like ICEYE?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back aerospace companies at ICEYE's stage. Their profiles are linked below.
VCs backing aerospace startups at Series E
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