The seed round was led by Vaekstfonden with participation from Seraphim Capital and existing investors to expand deployment in maritime and aeronautical sectors.
"Our technology alleviates a massive pain point for our customers and will ensure high quality communications with minimum interference at a competitive price. We’re thrilled to be backed by our investors, including the team at Seraphim, which brings with it a great deal of sector-expertise as the world’s leading space-tech focused venture capital fund."
Amadeus Capital Partners led the seed round with participation from Global Brain Corporation, Techstars and existing investors.
"Machine learning is revolutionising every industry. It has become much easier to build predictive models but deploying and managing these models in production is the limiting factor."
Boeing HorizonX Ventures led the Series A round to advance space-based connectivity.
"The Series A financing builds on an exceptional year for Isotropic which saw a rapidly growing roster of strategic partners and customers who are poised to unlock the full potential of high-throughput satellites and mega-constellations across all orbits,"
The machine learning start up more than doubled its initial target with backing from 1030 investors.
"We are thrilled to have support from 1030 new crowd investors as we embark on a journey from start-up to scale-up. Since our Crowdcube raise in 2017, we have gained interest worldwide for our smart hub technology and blockchain-based energy trading platform and we are excited to take on new markets and customers with propositions which span energy efficiency, insurance, elderly care and renewables."
The investment was led by Williams Foresight and Ananda Ventures to scale production and support international expansion.
"We’re exceptionally excited to receive this support from such high calibre investors who offer not only financial backing but incredible experience in commercialisation, measuring impact and engineering high performance hardware. This funding enables us to serve multiple international markets and we’re thrilled to be heading to the US later this year."
