EnduroSat, headquartered in Luxembourg and with main R&D operations in Bulgaria, has raised a 10 million USD Series A, led by the EU investment firm CEECAT Capital, focused on the high-growth markets of CEE Europe. Existing investors like the German Seed fund Freigeist Capital also joined the round.
EnduroSat is on a mission to transform the complex satellite industry into a streamlined data service, enabling instant access and transactions with space data on the Cloud from hundreds of sensors in orbit.
With unique satellite technology and own Satellite as a Service, it enables easy access to Space Data without the usual legal, technical or logistical challenges.
The investment will enable the company to scale operations and address a wider satellite market, including constellation as a service, as well as further improve our satellite tech. EnduroSat is emerging as a leading player in the fast-growing small satellite market, building on the untapped talent pool of highly skilled and educated scientists and engineers in Bulgaria.