SkyFi has successfully closed their Seed funding round with $7 million in new investment — led by Balerion Space Ventures, the round also captured contributions from existing investors J2 Ventures and Moving Capital. Bill Perkins, a renowned investor and co-founder of SkyFi, also participated in the funding round. With this latest infusion of capital, SkyFi’s total funding raised to date exceeds $17 million.
SkyFi simplifies the process of ordering Earth Observation (EO) imagery and analytics through the firm’s user-friendly apps and enterprise-grade API. By partnering with leading satellite and aerial imaging companies and leveraging cutting-edge technology, SkyFi empowers customers to
easily access a wide range of data sensors, including optical, synthetic aperture radar (SAR), nighttime, and multispectral. This transformative approach has garnered significant attention and investor support, propelling SkyFi’s rapid growth and market expansion.
The additional funding will further bolster SkyFi’s efforts in enhancing its software platform and expanding its suite of offerings. With a focus on serving customers in agriculture, construction, real estate, insurance, finance, mining, and other sectors, SkyFi aims to provide a comprehensive platform that enables data-driven decision-making and drives business growth.
By integrating partners’ advanced analytics capabilities, such as object detection, change detection, and visual modeling, SkyFi empowers users to unlock actionable insights from the vast amount of Earth observation data collected every day. SkyFi has more than 20,000 accounts registered from185 countries and has established itself as a leading player in the EO industry, catering to a diverse customer base ranging from individual consumers to large enterprise clients and government agencies.
“Our successful seed round represents a major milestone for SkyFi, reflecting the strong confidence and belief in our vision to make Earth observation data and analytics accessible, affordable, and actionable. We are grateful for the support from Balerion Space Ventures, J2 Ventures, Moving Capital, and our other esteemed investors, whose contributions will fuel our continued innovation and enable us to cater to the diverse needs of our customers across various industries.”
— Bill Perkins, Co-Founder of SkyFi
“We are excited to partner with Balerion Space Ventures, J2 Ventures, and Moving Capital, as well as welcome the continued support from Bill Perkins, who brings a wealth of expertise and industry knowledge to our team. Together, we are committed to propelling SkyFi to new heights, expanding our reach, and delivering unparalleled value to our customers.”
— Luke Fischer, Co-Founder and CEO of SkyFi