• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • NEWS:
  • SatNews
  • SatMagazine
  • MilSatMagazine
  • SmallSat News
  • |     EVENTS:
  • SmallSat Symposium
  • Satellite Innovation
  • MilSat Symposium

SatNews

  • HOME
  • Magazines
  • Events
  • Perspectives
  • Industry Calendar
    • IN PERSON
    • VIRTUAL
  • Subscribe

Seed Round For Alba Orbital Is A Million$$$ Success

May 23, 2021

Alba Orbital has closed their Seed round to accelerate their mission to image everywhere on Earth every 15 minutes. The round was led by Metaplanet Holdings and included Y Combinator, Liquid2, Soma Ventures, Uncommon Denominator, Zillionize and a number of angel investors.

To date, Alba Orbital has launched six satellites, more than all the other Y Combinator companies combined, with another nine integrated and ready to launch in a few months. Alba is the first Y Combinator company from Scotland and was named by Tech crunch as one of their favorite companies in the recent W21 batch.

Tom Walkinshaw, the Founder and CEO of Alba Orbital, said, “We are thrilled to have closed our first external investment round, which was so popular we could have filled two or three times over. We are excited to kick on and start building out our fleet at scale, starting with our 11 satellite constellation for night time imagery.“

James Park, Alba Orbital Angel investor and Fitbit Founder/CEO said, “Alba is building something really amazing and I’m excited to be able to share some insights learned in shipping 120M+ consumer electronics devices and helping Alba apply that to satellite production.”

Rauno Miljand, Managing Partner of Metaplanet Holdings (fund of Skype Co-Founder Jaan Tallinn) said, “We were impressed by Alba’s pitch at Y Combinator demo day and their current performance. We are excited to be onboard as they build out the satellite fleet and tackle the challenge of providing near constant satellite image of the Earth.”

Filed Under: Funding, SmallSat, Venture Capital Tagged With: Featured

Primary Sidebar

Most Read Stories

  • CORRECTION: Blue Origin launches their 5th human spaceflight mission
  • neXat empowers affordable satellite internet for Indonesian businesses 
  • Satellogic is a finalist for “Company Award 2022” by the European Association of Remote Sensing Companies
  • SES and Vodafone PNG to deliver 4G and 5G services to underserved areas in Papua New Guinea
  • neXat interconnects with Eutelsat ADVANCE network resulting in wider coverage and better flexibility for ISPs

About Satnews

  • Contacts
  • History

Archives

  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020

Secondary Sidebar

x
Sign up Now (For Free)
Access daily or weekly satellite news updates covering all aspects of the commercial and military satellite industry.
Invalid email address
Notify Me Regarding ( At least one ):
We value your privacy and will not sell or share your email or other information with any other company. You may also unsubscribe at anytime.

Click Here to see our full privacy policy.
Thanks for subscribing!