Tilebox has successfully closed their pre-seed round, raising $1.7 million, with the round being led by tech investors that included Cocoa Ventures, Possible Ventures, Remote First Capital, along with Space Angels™ (a registered trademark of Space Capital) such as Findus Ventures or Luis Sanz, CEO of CARTO.
As the space industry experiences exponential growth, with over $500 billion in projected revenue by 2030 to 2040, effectively managing and leveraging data has become mission critical. Tilebox’s vision is to transform the way space companies handle their valuable data. Tilebox provides a powerful, reliable, and scalable solution that enables space companies to develop their in-house data pipelines more efficiently and effectively than currently possible. By eliminating friction between teams and the costly maintenance of suboptimal solutions, Tilebox empowers organizations to maximize the value of their space assets.
Tilebox’s vision is to empower businesses to maximize their satellites to build products that benefit society. At the core of Tilebox’s solution are flexible and high-performance data processing capabilities, integrations with downstream services like analytics tools and marketplaces, and interfaces upstream toward space service providers. This empowers space companies to streamline their in-house data pipelines, leading to improved efficiency and reaching the full potential of their missions.
“Tilebox has identified an unmet need and an opportunity to radically improve how companies manage space data. The fact that they have attracted customers, even at this early stage, is a testament to the pressing need for comprehensive space data management solutions. With their deep technical expertise and commitment to innovation, Laura and Stefan are best positioned to transform a fast growing industry.” — Carmen Alfonso, Partner, Cocoa Ventures
“In an industry where good software and infrastructure is critical and midstream software is underserved, Tilebox stands out. We provide reliable and cost-efficient software tools for space companies to implement their data pipelines, enhancing efficiency, keeping development speed up and maintenance costs down, and enabling readiness for technologies like AI, all with a strong focus on security.” — Stefan Amberger, co-founder of Tilebox
“Our goal is to empower businesses to maximize their satellites to build products that benefit society. The raised funds will be utilized to expand the team, enhance platform capabilities, and further solidify Tilebox’s position as the go-to solution for space data management on Earth and in-orbit.” — Laura Costa, Co-Founder, Tilebox