Spaceflux secures £5.4m seed investment co-led by Future Planet Capital, Foresight Group, and Blackfinch Ventures to expand its global telescope network
The seed round was co-led by Future Planet Capital, Foresight Group, and Blackfinch Ventures to accelerate growth in space situational awareness.
Spaceflux builds proprietary optical sensor networks and artificial intelligence analytics to track satellites and orbital debris. The company delivers round the clock space situational awareness solutions for government and commercial clients.
Spaceflux has secured £5.4m in seed funding to expand its global telescope network and accelerate the development of its artificial intelligence analytics. The round was co led by Future Planet Capital through the UK Innovation and Science Seed Fund, alongside Foresight Group and Blackfinch Ventures. The company will use the new capital to enhance its round the clock monitoring capabilities and scale its tracking services for international customers facing increasing orbital congestion. Additional support for the firm has previously come through the Seraphim Space Accelerator.
From the founder
"As space becomes increasingly essential to our economy, environment and daily lives, it is also becoming more congested and contested. This investment strengthens our ability to protect satellite technology that delivers crucial insights to Earth around the clock, reducing collision risks, and supporting a safer, more sustainable space environment for future generations"
Marco Rocchetto
CEO and co-founder at Spaceflux
Investor perspective
"We’re excited to support the Spaceflux team in scaling their breakthrough technology to new markets. Spaceflux is taking on a vital role in safeguarding space assets we all rely on such as satellites, while delivering strategically important space awareness insights for commercial and national security needs. We’ve been impressed by the ambitious team, the AI-powered scalable platform, and rapid commercial growth since launching in 2022 and look forward to working together for years ahead."
Rubina Singh
Senior Investment Manager, Foresight Group
Use of funds
- 01Expand into international markets
- 02Continue product development
