Home > Settings > Archives > April 2022 > Synspective Raises US$ 100 Million in Funding
Synspective Raises US$ 100 Million in Funding
Synspective Inc., a GeoWorks GeoTech, secured US$100 million during a Series B funding round, placing its total funding value at US$200 million since its inception. Synspective is a Synthetic Aperture Radar (SAR) satellite data analytics and solutions provider, and aims to use the new funding for the development of SAR satellites, mass production facilities, satellite data solutions, and global expansion.
“Taking the fact that we were able to raise funds beyond the series A funding round as a great expectation and trust from our investors, partners as well as the public, we will further accelerate the expansion of a thirty SAR satellite constellation and enhance our data analysis technology to realize a “learning world” for a sustainable future,” said Dr. Motoyuki Arai, founder and CEO of Synspective Inc.