Marble Imaging raises €6 million for satellite and analytics plans

Business · First reported 9 Nov, 05:00 · Updated 05:46

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

The Bremen-based Earth-observation company plans to expand its satellite constellation and AI analytics platform, with its first satellite scheduled for launch in 2027. Reports differ on the launch timing: one says early 2027, while another gives a planned February launch after shipment to California.

Marble Imaging raised an additional €6 million led by Cherry Ventures, following an earlier €5.3 million seed round led by High-Tech Gründerfonds.
The company is building a commercial Earth-observation satellite constellation and an AI platform that turns satellite and other data into analytics for security and infrastructure uses.
Marble’s first satellite is expected to launch in 2027; the reports describe different schedules, with one specifying a planned February launch after shipment to California.

Summary written by Lux AI from 2 articles

Key facts

New funding: €6 million, led by Cherry Ventures.
Previous seed round: €5.3 million, led by High-Tech Gründerfonds.
Constellation target: 30 satellites by 2030.
First satellite launch: Scheduled for 2027; one report specifies a planned February launch.
Customer and pipeline figures: Over 10 customers and a data-contract pipeline exceeding €20 million, according to Tech Funding News.