Thursday, July 26, 2018

LeoLabs Lands $13M for Low Orbit Earth Mapping

Menlo Park-based LeoLabs, which provides low Earth orbit mapping services, said Thursday that it has raised $13M in a Series A funding round. The funding was led by WERU Investment and Airbus Ventures, and also included Space Angels and Horizons Ventures. LeoLabs says its services are used to help address the problem of space debris. The company says more than approximately 250,000 dangerous pieces of orbital debris remain untracked in low earth orbit, a risk to satellites.