Satellite imagery startup Albedo closes $10M seed round

24 Apr, 2021

Satellite imagery startup Albedo closes $10M seed round
Photo by Blake Connally on Unsplash

– Albedo, a startup that wants to build a constellation of low-orbit satellites, raised $10m in seed funding.
– The round was led by Initialized Capital and joined by Jetstream, Liquid2 Ventures and Soma Capital.
– The company aims to launch its first satellite in 2024 and bring its full constellation to orbit by 2027.

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