Where is Iceye headquartered?

Iceye is headquartered in Espoo, Finland.

How much funding has Iceye raised?

Iceye has raised €1.0B (across 11 rounds · last 09 Jun 2026).

What was Iceye's latest funding round?

Iceye's most recent disclosed round was a Series F primary financing round of €450.0M, announced 9 June 2026.

Who has invested in Iceye?

Investors in Iceye include General Atlantic, General Catalyst, BlackRock, Lifeline Ventures, Nokia, Tesi.

The Index iceye.com

Company · FI · Espoo

Iceye

Finnish space-tech company operating the worlds largest SAR satellite constellation; sovereign intelligence for defence, insurance and emergency management.

Raised: EUR 987.6M
Last round: Series C+ · 09 Jun 2026
Momentum: Notable activity
Events: 14
Last activity: 07 Sep 2026

Updated 12 Sep 2026 · Reviewed 12 Sep 2026

Capital

11 rounds · 2015–2026

2014

Founded

2026

Series C+

€450.0M

12 Nov 2015
Series A
€2.6M
Cumulative €2.6M
23 Aug 2017 · +1 yr 9 mo
Additional financing
€11.0M
Cumulative €13.6M
25 Sep 2017 · +1 mo
Follow-on funding
€1.0M
Cumulative €14.6M
24 May 2018 · +8 mo
Series B
€29.0M
Cumulative €43.6M
22 Sep 2020 · +2 yr 4 mo
Series C+
€74.1M
Cumulative €117.7M
03 Feb 2022 · +1 yr 5 mo
Series C+
€120.5M
Cumulative €238.2M
17 Apr 2024 · +2 yr 2 mo
Growth
€87.4M
Cumulative €325.7M
18 Dec 2024 · +8 mo
Growth
€61.9M
Cumulative €387.6M
19 Jun 2025 · +6 mo
Grant
€41.1M
Cumulative €428.7M
08 Dec 2025 · +6 mo
Equity round
€150.0M
Cumulative €578.7M
09 Jun 2026 · +6 mo
Series C+
€450.0M
Cumulative €1.0B

Backers

6 investors

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

Activity

14 events

Launch07 Sep 2026
ICEYE has partnered with Sompo Japan Insurance to deploy its Flood Insights solution for faster flood claims processing.
▸Source: ArcticStartup
“ICEYE, the Finnish space intelligence company, has partnered with Japanese insurer Sompo Japan Insurance to deploy its Flood Insights solution for faster flood claims response. ICEYE’s…”
Read at ArcticStartup
Launch28 Aug 2026
ICEYE is partnering with The Water Institute to combine satellite-based flood observations with predictive flood modeling for governments and insurers.
▸Source: ArcticStartup
“ICEYE is partnering with The Water Institute to combine satellite-based flood observations with predictive flood modeling for governments, insurers and emergency management organizations in the US.…”
Read at ArcticStartup
Funding09 Jun 2026EUR 450.0M
ICEYE raised exactly €450 million in primary Series F financing led by General Atlantic at a valuation above €10 billion; together with a secondary placement, the overall transaction exceeded €1 billion.
▸Source: iceye.com
Read at iceye.com
Exit08 Dec 2025EUR 50.0M
ICEYE completed a €50 million secondary share sale for early investors alongside its separate €150 million primary equity round.
▸Source: techfundingnews.com
Read at techfundingnews.com
Funding08 Dec 2025EUR 150.0M
ICEYE raised €150 million in new equity led by General Catalyst at a €2.4 billion valuation; a separate €50 million secondary sale for early investors accompanied the transaction.
▸Source: techfundingnews.com
Read at techfundingnews.com
Funding19 Jun 2025EUR 41.1M
Business Finland awarded ICEYE €41.1 million for R&D, comprising €5.7 million in non-dilutive grants and €35.4 million in development loans, as part of ICEYE's larger investment program.
▸Source: iceye.com
Read at iceye.com
Funding18 Dec 2024EUR 61.9M
ICEYE closed a $65 million debt-and-equity extension to its April growth round, bringing its total raised during 2024 to $158 million.
▸Source: iceye.com
Read at iceye.com
Funding17 Apr 2024EUR 87.4M
ICEYE signed an oversubscribed $93 million growth funding round led by Finnish sovereign wealth fund Solidium Oy to expand its SAR constellation and data products.
▸Source: iceye.com
Read at iceye.com
Funding03 Feb 2022EUR 120.5M
ICEYE closed a $136 million Series D led by Seraphim Space to expand its SAR constellation, catastrophe products, analytics, and global operations.
▸Source: iceye.com
Read at iceye.com
Funding22 Sep 2020EUR 74.1M
ICEYE closed an $87 million Series C led by True Ventures, with a significant investment from OTB Ventures, to expand its SAR satellite constellation and imaging services.
▸Source: iceye.com
Read at iceye.com
Funding24 May 2018EUR 29.0M
ICEYE raised $34 million in Series B financing led by True Ventures to expand analytics, develop its SAR technology, and fund additional satellite launches.
▸Source: iceye.com
Read at iceye.com
Funding25 Sep 2017EUR 1.0M
ICEYE announced $1.2 million in new funding led by Seraphim Capital to scale development of its SAR microsatellite technology for upcoming launches; ICEYE explicitly described it as new funding after the separate $13 million financing announced the previous month.
▸Source: iceye.com
Read at iceye.com
Funding23 Aug 2017EUR 11.0M
ICEYE announced $13 million in additional financing, including an $8.5 million round led by Draper Nexus and further funding from Finland's Tekes agency, to scale manufacturing and satellite launches.
▸Source: iceye.com
Read at iceye.com
Funding12 Nov 2015EUR 2.6M
ICEYE raised a $2.8 million Series A led by True Ventures, with Lifeline Ventures and Founder.org participating, to help launch its first radar-based microsatellites.
▸Source: iceye.com
Read at iceye.com

People

2 people

Pekka Laurila
Co-Founder
Rafal Modrzewski
CEO, Co-Founder

Questions

6 answers

What does Iceye do?: Finnish space-tech company operating the worlds largest SAR satellite constellation; sovereign intelligence for defence, insurance and emergency management.
When was Iceye founded?: Iceye was founded in 2014.
Where is Iceye headquartered?: Iceye is headquartered in Espoo, Finland.
How much funding has Iceye raised?: Iceye has raised €1.0B (across 11 rounds · last 09 Jun 2026).
What was Iceye's latest funding round?: Iceye's most recent disclosed round was a Series F primary financing round of €450.0M, announced 9 June 2026.
Who has invested in Iceye?: Investors in Iceye include General Atlantic, General Catalyst, BlackRock, Lifeline Ventures, Nokia, Tesi.

The Index

Loading the Index.

The Index iceye.com

Company · FI · Espoo

Iceye

Finnish space-tech company operating the worlds largest SAR satellite constellation; sovereign intelligence for defence, insurance and emergency management.

Raised: EUR 987.6M
Last round: Series C+ · 09 Jun 2026
Momentum: Notable activity
Events: 14
Last activity: 07 Sep 2026

Updated 12 Sep 2026 · Reviewed 12 Sep 2026

Capital

11 rounds · 2015–2026

2014

Founded

2026

Series C+

€450.0M

12 Nov 2015
Series A
€2.6M
Cumulative €2.6M
23 Aug 2017 · +1 yr 9 mo
Additional financing
€11.0M
Cumulative €13.6M
25 Sep 2017 · +1 mo
Follow-on funding
€1.0M
Cumulative €14.6M
24 May 2018 · +8 mo
Series B
€29.0M
Cumulative €43.6M
22 Sep 2020 · +2 yr 4 mo
Series C+
€74.1M
Cumulative €117.7M
03 Feb 2022 · +1 yr 5 mo
Series C+
€120.5M
Cumulative €238.2M
17 Apr 2024 · +2 yr 2 mo
Growth
€87.4M
Cumulative €325.7M
18 Dec 2024 · +8 mo
Growth
€61.9M
Cumulative €387.6M
19 Jun 2025 · +6 mo
Grant
€41.1M
Cumulative €428.7M
08 Dec 2025 · +6 mo
Equity round
€150.0M
Cumulative €578.7M
09 Jun 2026 · +6 mo
Series C+
€450.0M
Cumulative €1.0B

Backers

6 investors

Activity

14 events

Launch07 Sep 2026
ICEYE has partnered with Sompo Japan Insurance to deploy its Flood Insights solution for faster flood claims processing.
▸Source: ArcticStartup
“ICEYE, the Finnish space intelligence company, has partnered with Japanese insurer Sompo Japan Insurance to deploy its Flood Insights solution for faster flood claims response. ICEYE’s…”
Read at ArcticStartup
Launch28 Aug 2026
ICEYE is partnering with The Water Institute to combine satellite-based flood observations with predictive flood modeling for governments and insurers.
▸Source: ArcticStartup
“ICEYE is partnering with The Water Institute to combine satellite-based flood observations with predictive flood modeling for governments, insurers and emergency management organizations in the US.…”
Read at ArcticStartup
Funding09 Jun 2026EUR 450.0M
ICEYE raised exactly €450 million in primary Series F financing led by General Atlantic at a valuation above €10 billion; together with a secondary placement, the overall transaction exceeded €1 billion.
▸Source: iceye.com
Read at iceye.com
Exit08 Dec 2025EUR 50.0M
ICEYE completed a €50 million secondary share sale for early investors alongside its separate €150 million primary equity round.
▸Source: techfundingnews.com
Read at techfundingnews.com
Funding08 Dec 2025EUR 150.0M
ICEYE raised €150 million in new equity led by General Catalyst at a €2.4 billion valuation; a separate €50 million secondary sale for early investors accompanied the transaction.
▸Source: techfundingnews.com
Read at techfundingnews.com
Funding19 Jun 2025EUR 41.1M
Business Finland awarded ICEYE €41.1 million for R&D, comprising €5.7 million in non-dilutive grants and €35.4 million in development loans, as part of ICEYE's larger investment program.
▸Source: iceye.com
Read at iceye.com
Funding18 Dec 2024EUR 61.9M
ICEYE closed a $65 million debt-and-equity extension to its April growth round, bringing its total raised during 2024 to $158 million.
▸Source: iceye.com
Read at iceye.com
Funding17 Apr 2024EUR 87.4M
ICEYE signed an oversubscribed $93 million growth funding round led by Finnish sovereign wealth fund Solidium Oy to expand its SAR constellation and data products.
▸Source: iceye.com
Read at iceye.com
Funding03 Feb 2022EUR 120.5M
ICEYE closed a $136 million Series D led by Seraphim Space to expand its SAR constellation, catastrophe products, analytics, and global operations.
▸Source: iceye.com
Read at iceye.com
Funding22 Sep 2020EUR 74.1M
ICEYE closed an $87 million Series C led by True Ventures, with a significant investment from OTB Ventures, to expand its SAR satellite constellation and imaging services.
▸Source: iceye.com
Read at iceye.com
Funding24 May 2018EUR 29.0M
ICEYE raised $34 million in Series B financing led by True Ventures to expand analytics, develop its SAR technology, and fund additional satellite launches.
▸Source: iceye.com
Read at iceye.com
Funding25 Sep 2017EUR 1.0M
ICEYE announced $1.2 million in new funding led by Seraphim Capital to scale development of its SAR microsatellite technology for upcoming launches; ICEYE explicitly described it as new funding after the separate $13 million financing announced the previous month.
▸Source: iceye.com
Read at iceye.com
Funding23 Aug 2017EUR 11.0M
ICEYE announced $13 million in additional financing, including an $8.5 million round led by Draper Nexus and further funding from Finland's Tekes agency, to scale manufacturing and satellite launches.
▸Source: iceye.com
Read at iceye.com
Funding12 Nov 2015EUR 2.6M
ICEYE raised a $2.8 million Series A led by True Ventures, with Lifeline Ventures and Founder.org participating, to help launch its first radar-based microsatellites.
▸Source: iceye.com
Read at iceye.com

People

2 people

Pekka Laurila
Co-Founder
Rafal Modrzewski
CEO, Co-Founder

Questions

6 answers

What does Iceye do?: Finnish space-tech company operating the worlds largest SAR satellite constellation; sovereign intelligence for defence, insurance and emergency management.
When was Iceye founded?: Iceye was founded in 2014.
Where is Iceye headquartered?: Iceye is headquartered in Espoo, Finland.
How much funding has Iceye raised?: Iceye has raised €1.0B (across 11 rounds · last 09 Jun 2026).
What was Iceye's latest funding round?: Iceye's most recent disclosed round was a Series F primary financing round of €450.0M, announced 9 June 2026.
Who has invested in Iceye?: Investors in Iceye include General Atlantic, General Catalyst, BlackRock, Lifeline Ventures, Nokia, Tesi.

Backers

One issue a week. Tuesday at 06:00 CET.

Backers

One issue a week. Tuesday at 06:00 CET.