# Satelio IOT Services, S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/satelio-iot-services-s-l

- Industry: Telecoms
- Headquarters: Barcelona, Spain
- Website: www.sateliot.space/
- Total disclosed funding: $49M
- Latest round: Series B (Feb 16, 2025)
- Investors on record: 9

## About

Based in Barcelona, Spain, and founded by Jaume Sanpera (CEO) in 2018, Satelio IoT Services, S.L. operates as a satellite telecom operator company.In March 2025, Satelio IOT Services, S.L. EUR 13.85 million in series B funding from new investor Spanish Society for Technological Transformation. The satellite-based IoT (internet of things) connectivity company offers global connectivity solutions at terrestrial prices. By leveraging a unique satellite constellation based on standard 5G IoT, Sateliot enables seamless connectivity for standard cellular devices without requiring any hardware modifications. Some of its core products include the constellation of low-earth orbit (LEO) nanosatellites providing 5G coverage for IoT. The company caters to diverse sectors such as agriculture, maritime, livestock, renewable energy, transportation, logistics, energy utilities, infrastructure, wearables, environmental monitoring, oil and gas, and mining. Their IoT solutions optimize operations, enhance productivity, and promote sustainability across these domains. The company plans to utilize the March 2025 funding to purchase a constellation of more than 100 satellites.

## Funding rounds

- Series B, Feb 16, 2025, $42M — Indra Sistemas, S.A., Sepides Gestion, Cellnex Telecom, S.A., Hyperion Invest, Global Portfolio Investments SL, Spanish Society for Technological Transformation
- Series A, Dec 1, 2021, $7.3M — Seraphim Space Manager, Indra Sistemas, S.A., Cellnex Telecom, S.A., Gatehouse Group Ltd, EvoNexus

## Investors

- Seraphim Space Manager (https://capitalatlas.ai/funds/seraphim-space-manager) — Series A
- Indra Sistemas, S.A. — Series A, Series B
- Cellnex Telecom, S.A. — Series A, Series B
- Gatehouse Group Ltd — Series A
- EvoNexus — Series A
- Sepides Gestion (https://capitalatlas.ai/funds/sepides-gestion) — Series B
- Hyperion Invest (https://capitalatlas.ai/funds/hyperion-invest) — Series B
- Global Portfolio Investments SL — Series B
- Spanish Society for Technological Transformation — Series B