Unseenlabs Raises €85 Million for Maritime Surveillance

Unseenlabs has announced a remarkable fundraising milestone of €85 million. This substantial investment underscores the global interest in Earth observation and represents a significant leap forward in the company’s development.

An artist render of Unseenlabs' satellite in orbit. Credits: Unseenlabs — *An artist render of Unseenlabs’ satellite in orbit. Credits: Unseenlabs*

The fundraising round has attracted support from prominent investors, including Supernova Invest, ISALT, and UNEXO, alongside Unseenlabs’ other longstanding partners. With a total funding of €120 million accumulated since its inception, the company is solidifying its position as a frontrunner in maritime surveillance technology.

Fundings for future plans

This infusion of capital will facilitate Unseenlabs’ ambitious expansion plans, which include scaling up observation capabilities through the deployment of additional satellites.

Furthermore, the company aims to strengthen its international presence, with a particular focus on key markets in the Americas and Asia, pivotal regions for the maritime industry. Additionally, the funding will support Unseenlabs’ efforts to consolidate its presence in private sector segments such as oil and gas, insurance, shipowners, economic intelligence, and offshore energy.

Clément Galic, CEO of the company, expressed optimism about the company’s trajectory. “This funding will enable us to accelerate our growth, particularly by developing new solutions and bolstering our presence in the private sector.” He added, “we are eager to continue this journey with our longstanding partners while welcoming new ones.”

Etienne Moreau, partner at Supernova, underscored the company’s innovative approach and its potential to maintain its position as a major global player in the space industry. “The decisive factors of our investment lie in their disruptive technology and the value-addition of their data, critical for both state maritime missions and private sector markets,” Moreau remarked.

*BRO-10 and BRO-11 official mission patches. Credits: Unseenlabs*

Additionally, the company is preparing to launch two new satellites, BRO-12 and BRO-13, aboard SpaceX Falcon 9 as part of the Transporter-10 mission from Vandenberg Space Force Base, CA, next month.