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Sateliot

Startups icon Seedtable Score 56 Startups icon Startups

3

Funding Rounds

1

Investors

$8.25m

Money raised

Overview

Sateliot, based in Barcelona, operates in space technology by manufacturing low-earth orbit (LEO) nanosatellites for business-to-business markets. With financial backing from Banco Santander, the company aims to address gaps in global connectivity. Unlike traditional satellite systems that are costly and slow, Sateliot's cost-effective LEO nanosatellites offer improved connectivity, particularly in remote areas underserved by terrestrial networks. This advantage taps into underserved regions and reduces reliance on expensive terrestrial networks. If Sateliot can scale and maintain low costs, it could establish a strong presence in the Deep Tech and Space Tech sectors, providing valuable global communication solutions to businesses.
  • Website: https://sateliot.space
  • Business model: b2b
  • Company size: 11 - 51 employees
  • Headquarters: Barcelona, Spain
  • Founded: 2018
  • Social accounts: Linkedin

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Investors (1)

Banco Santander logo Banco Santander

Cybersecurity, AI, Proptech & Real Estate, Space Tech, Privacy and Security, ...

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Funding

Funding series

Funding Series Analysis

The company Sateliot has raised a total of $8.25m in funding over 3 rounds.

Key Insights:

  • Unknown: $1.21m
  • Pre Seed: $541k
  • Series A: $6.5m
Sateliot logo
Sateliot Pre Seed (2020, $0M) $541k
Sateliot logo
Sateliot Unknown (2021, $1M) $1.21m
Sateliot logo
Sateliot Series A (2024, $6M) $6.5m