# Leaf Space­­ S.r.l.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/leaf-space-s-r-l

- Industry: Telecoms
- Headquarters: Italy
- Website: www.leaf.space
- Total disclosed funding: $33M
- Latest round: Series B (Jul 26, 2023)
- Investors on record: 9

## About

Based in Italy, Leaf Space S.r.l. operates as a Ground Segment as a Service (GSaaS) provider, specializing in satellite connectivity through a network of ground stations, supporting diverse satellite missions worldwide.Founded in 2014, Leaf Space S.r.l. offers satellite communication services via a global network of ground stations. The company was co-founded by Caterina Siclari, Giovanni Bortoletto, and Jonata Puglia, with Jonata Puglia serving as CEO. Leaf Space has successfully raised EUR 20.00 mn in its Series B funding round on July 26, 2023, with participation from CDP Venture Capital, Neva, and other investors, marking a total funding of EUR 20.00 mn across five deals.Leaf Space specializes in Ground Segment as a Service (GSaaS), providing solutions for satellite connectivity through its primary offering, LEAF LINE. This service enables satellite operators to utilize a fully owned and operated infrastructure for Command & Control (TT&C) operations, facilitating reliable telemetry data communication. With a focus on U.S. missions, which make up over 50% of operations, Leaf Space supports satellite operators globally, enhancing access to satellite data across North America, Europe, and Asia.In 2023, Leaf Space reported a revenue of EUR 2,754,520.40 with an EBITDA of EUR -2,686,751.70. The company utilizes a transactional revenue model based on subscription agreements for its GSaaS offerings, allowing satellite operators to access ground station services with an all-inclusive per-minute pricing structure.In July 2023, Leaf Space S.r.l. raised EUR 20 mn in Series B funding to expand its global network of ground stations and add new locations. The funding will also support the introduction of new frequencies for remote sensing satellites, hire additional staff, and participate in special projects with customers and partners, reinforcing the company's strategic initiatives to enhance its market presence.

## Funding rounds

- Series B, Jul 26, 2023, $22M — CDP Venture Capital, Società Italiana per le Imprese all'Estero, RedSeed Ventures, Whysol Investments, Primo Capital, Neva
- Series A, Jan 13, 2021, $6M — RedSeed Ventures, Whysol Investments, Primo Capital
- Series A, Jun 25, 2020, $3.4M — RedSeed Ventures, Whysol Investments
- Seed, Jul 7, 2016, $1.1M — Key Capital, Como Venture, RedSeed Ventures, PoliHub

## Investors

- Key Capital — Seed
- Como Venture (https://capitalatlas.ai/funds/como-venture) — Seed
- RedSeed Ventures (https://capitalatlas.ai/funds/redseed-ventures) — Seed, Series A, Series B
- PoliHub — Seed
- Whysol Investments — Series A, Series B
- Primo Capital (https://capitalatlas.ai/funds/primo-capital) — Series A, Series B
- CDP Venture Capital (https://capitalatlas.ai/funds/cdp-venture-capital) — Series B
- Società Italiana per le Imprese all'Estero — Series B
- Neva (https://capitalatlas.ai/funds/neva) — Series B