The pre-seed round was led by Taavet Hinrikus, Sten Tamkivi and Jaan Tallinn.
"Investing in Europe is a very long way away from where it needs to be. Professional and experienced investors have good options open to them with clear pricing and best-in-class tools, but ordinary investors don’t have that. Lightyear is going to be Europe’s first truly commission-free investment platform, and using our experience with transforming how the world approaches currency conversion, our goal is to completely change the name of the game when it comes to investing."
The seed round was led by Metaplanet Holdings with backing from several institutional investors and angels.
"We are thrilled to have closed our first external investment round, which was so popular we could have filled 2 or 3 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"
The financing round was led by monashees with backing from existing investors including Notion Capital, Mosaic Ventures, and Metaplanet Holdings.
"The combination of state-of-the-art technology with energy markets expertise provided by Vortexa is unlocking immense value for our clients, partners and society – our success is a reflection of theirs"
