26th Oct 2020 14:30
Draper Esprit PLC - investor in digital technology firms - Co-leads retail investment platform PrimaryBid's USD50 million series B fundraise. Also says it participated in investee ICEYE's USD87 million series C funding round in September. ICEYE is a provider of synthetic-aperture radar systems, platforms which can create two-dimensional or three-dimensional landscapes. "ICEYE intends to use this financing round to continue accelerating the growth of its SAR satellite constellation, increasing data availability for all continents through 24/7 customer operations, continuing the development of ground-breaking radar imaging capabilities, and for establishing manufacturing capabilities in the US," Draper said.
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By Eric Cunha; [email protected]
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