# Kuva Space

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kuva-space

- Industry: Aerospace
- Headquarters: Espoo, Finland
- Website: www.kuvaspace.com
- Total disclosed funding: $23M
- Latest round: Series A (Nov 2, 2023)
- Investors on record: 6

## About

Established in 2016 by Tuomas Tikka (CTO) and Janne Kuhno and based in Espoo, Finland, Kuva Space Oy operates a microsatellite that collects data to solve global crises such as climate change, food security, and safety and security. In November 2023, Kuva Space Oy raised EUR 16.6 million in Series A funding from Voima Ventures, Nordic FoodTech VC, and Earth Venture Capital. As of 2023, the company is led by its CEO, Jarkko Antila.

The company offers a range of transformative services that include analysis, alerts, and forecasts that provide users with near-real-time insights, enabling them to manage resources and enhance profitability. This includes accurate global yield forecasts and crop health analysis, crucial for food security and agriculture. The firm’s services also include food security, which delivers accurate information on crop health, growth stages, and yield forecasts, assisting insurers and traders in creating insurance policies. This also streamlines claims assessments, improves risk management, and fosters market competitiveness.

In addition, Kuva Space verifies global carbon sequestration and biodiversity, empowering businesses, landowners, and governments to participate in carbon credit markets. The company's technology facilitates automatic change detection on land and at sea, enhancing situational awareness for the security and safety community. The firm’s 100 scientific-grade microsatellites capture global data subdaily, and its patented in-orbit tunable spectral camera ensures data quality.

## Funding rounds

- Series A, Nov 2, 2023, $18M — Business Finland Venture Capital, Springvest, Voima Ventures, Nordic Foodtech VC, Earth Venture Capital
- Seed, Oct 5, 2021, $4.9M — Voima Ventures, Nordic Foodtech VC, European Space Agency

## Investors

- Voima Ventures (https://capitalatlas.ai/funds/voima-ventures) — Seed, Series A
- Nordic Foodtech VC (https://capitalatlas.ai/funds/nordic-foodtech-vc) — Seed, Series A
- European Space Agency — Seed
- Business Finland Venture Capital — Series A
- Springvest (https://capitalatlas.ai/funds/springvest) — Series A
- Earth Venture Capital (https://capitalatlas.ai/funds/earth-venture-capital) — Series A