

Startup · Finland
ICEYE
HQ Espoo, FinlandFounded 20151001-5000 employees
Radar satellite imagery and sovereign intelligence systems for defense and other applications.
Funding17 rounds · ~$1.17B + ~€941.1M
- Disclosed
- ~$1.17B + ~€941.1M
- Latest
- ~€550MSecondary · Jun 9, 2026
| Announced | Stage | Valuation | Basis |
|---|---|---|---|
| Dec 5, 2025 | Secondary | $2.80B | Basis not stated |
| Dec 5, 2025 | Series E+ | $2.80B | Basis not stated |
| Jun 9, 2026 | Secondary | $12.00B | Basis not stated |
| Jun 9, 2026 | Series E+ | $12.00B | Basis not stated |
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Jun 9, 2026 | Secondary | ~€550M | $12.00B? | — | — | Reported |
| Jun 9, 2026 | Series E+ | $520M | $12.00B? | General Atlantic | Ilmarinen Mutual Pension Insurance Company, Lifeline Ventures, Nokia, Qatar Investment Authority, Solidium, TCV, Tesi (Finnish Industry Investment), Varma Mutual Pension Insurance Company | Confirmed |
| May 21, 2026 | Debt | €300M | — | Citi, Danske Bank | — | Confirmed |
| 2026 | Grant | ~$35.0M | — | Business Finland | — | Speculative |
| Dec 5, 2025 | Secondary | €50.0M | $2.80B? | — | — | Confirmed |
| Dec 5, 2025 | Series E+ | $175M | $2.80B? | General Catalyst | A.P. Moller Holding, Bpifrance, Ilmarinen Mutual Pension Insurance Company, Keva, Lifeline Ventures, Solidium, Tesi (Finnish Industry Investment), Varma Mutual Pension Insurance Company, Vinci S.A. (BGK Group) | Confirmed |
| Aug 25, 2025 | Undisclosed | $11.0M | — | Vinci S.A. (BGK Group) | — | Reported |
| Jun 19, 2025 | Debt | €35.4M | — | Business Finland | — | Confirmed |
| Jun 19, 2025 | Grant | €5.7M | — | Business Finland | — | Confirmed |
| Dec 18, 2024 | Growth | $65.0M | — | — | BlackRock, Seraphim Space | Reported |
| Apr 17, 2024 | Growth | $93.0M | — | Solidium | — | Confirmed |
| Feb 3, 2022 | Series D | $136M | — | Seraphim Space | BAE Systems, C16 Ventures, Molten Ventures, National Security Strategic Investment Fund, OTB Ventures, Promus Ventures, Space Capital, True Ventures | Confirmed |
| Sep 22, 2020 | Series C | $87.0M | — | True Ventures | DNX Ventures (formerly Draper Nexus), Draper Associates, OTB Ventures, Promus Ventures, Seraphim Space, Tesi (Finnish Industry Investment) | Confirmed |
| May 24, 2018 | Series B | $34.0M | — | True Ventures | — | Confirmed |
| Sep 25, 2017 | Undisclosed | $1.2M | — | Seraphim Space | — | Confirmed |
| Aug 23, 2017 | Series A | $13.0M | — | DNX Ventures (formerly Draper Nexus) | True Ventures | Confirmed |
| Nov 12, 2015 | Series A | $2.8M | — | — | — | Confirmed |
- SecondaryValuation $12.00B?~€550MJun 9, 2026
- Series E+Led by General AtlanticWith Ilmarinen Mutual Pension Insurance Company, Lifeline Ventures, Nokia, Qatar Investment Authority, Solidium, TCV, Tesi (Finnish Industry Investment), Varma Mutual Pension Insurance CompanyValuation $12.00B?Confirmed$520MJun 9, 2026
- €300MMay 21, 2026
- ~$35.0M2026
- SecondaryValuation $2.80B?Confirmed€50.0MDec 5, 2025
- Series E+Led by General CatalystWith A.P. Moller Holding, Bpifrance, Ilmarinen Mutual Pension Insurance Company, Keva, Lifeline Ventures, Solidium, Tesi (Finnish Industry Investment), Varma Mutual Pension Insurance Company, Vinci S.A. (BGK Group)Valuation $2.80B?Confirmed$175MDec 5, 2025
- UndisclosedLed by Vinci S.A. (BGK Group)$11.0MAug 25, 2025
- €35.4MJun 19, 2025
- €5.7MJun 19, 2025
- GrowthWith BlackRock, Seraphim Space$65.0MDec 18, 2024
- $93.0MApr 17, 2024
- Series DLed by Seraphim SpaceWith BAE Systems, C16 Ventures, Molten Ventures, National Security Strategic Investment Fund, OTB Ventures, Promus Ventures, Space Capital, True VenturesConfirmed$136MFeb 3, 2022
- Series CLed by True VenturesWith DNX Ventures (formerly Draper Nexus), Draper Associates, OTB Ventures, Promus Ventures, Seraphim Space, Tesi (Finnish Industry Investment)Confirmed$87.0MSep 22, 2020
- $34.0MMay 24, 2018
- $1.2MSep 25, 2017
- $13.0MAug 23, 2017
- Series AConfirmed$2.8MNov 12, 2015
Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.
Government awards & programs1 award
Awards received1
| Announced | Award | Agency | Type | Program | Obligated | Ceiling | Confidence |
|---|---|---|---|---|---|---|---|
| May 14, 2025 | Polish Armed Forces MikroSAR satellite and ground segment agreementpress:iceye:2025-05-14:poland-mikrosar | — | Contract | — | — | Up to 860M PLN | Reported |
- Polish Armed Forces MikroSAR satellite and ground segment agreementMay 14, 2025 · ContractUp to 860M PLNCeiling
Obligated is what has been committed so far; ceiling is the most the award can reach. Joint values cover all recipients and are excluded from this company’s money totals.
Supply chain1 customer · 1 facility
Customers1
| Customer | Supplies | Notes | Confidence |
|---|---|---|---|
| Ministry of National Defense of Poland | — | MikroSAR order for three SAR satellites plus options and ground capabilities; order announcement, not confirmation of delivery. | Reported |
- MikroSAR order for three SAR satellites plus options and ground capabilities; order announcement, not confirmation of delivery.
Facilities1
| Facility | Kind | Location | Status | Confidence |
|---|---|---|---|---|
| Athens satellite assembly facility | Factory | Athens, Greece | Operating · 2025 | Reported |
- Athens satellite assembly facilityFactory · Athens, GreeceOperating · 2025Reported
Hiring observations5 listings
AIT Mechanical Test Engineer ↗
Espoo, Uusimaa, Finland · Full-time · Engineering
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Valencia, Valencian Community, Spain · Full-time · Other
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Warsaw, Mazowieckie, Poland · Full-time · Engineering
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Warsaw, Mazowieckie, Poland · Full-time · Other
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Warsaw, Mazowieckie, Poland · Full-time · Other
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
A sample of observed listings, not a total vacancy count. Availability may have changed since collection. Categories are inferred from job titles.
Company metrics
Employee-profile counts reflect LinkedIn profiles associated with the company, not verified headcount. One observation establishes a baseline; it does not establish growth.
- Oct 6, 2026NewsParkietVinci Space Tech Fund. BGK przeznaczy 500 mln zł na polskie firmy z branży kosmicznej
- Oct 5, 2026News (high significance)Tech.euEuropean defencetech hits record $7.4B as investment nearly triples in 2026
- Oct 1, 2026CompanyPR NewswireICEYE and Nokia partner to launch secure and sovereign satellite communications for governments and defense customers
- Sep 15, 2026NewsSpaceNews Job Exchange |
- Aug 5, 2026NewsSpaceNews Job Exchange |
- Jun 10, 2026NewsICEYE, Rheinmetall form German joint venture for space-based ISR - Breaking Defense
- Jun 9, 2026NewsSpaceNews Job Exchange |
- May 16, 2025CompanyICEYEICEYE strengthens presence in Greece with new office and satellite production line
- May 14, 2025CompanyICEYEICEYE to provide SAR satellites for the Armed Forces of Poland
Sources30
Profile5
- 1
Defence Finance Monitor · Supports Organization · name
“ICEYE is a pioneering Finnish space technology company that has rapidly emerged as a game-changer in Europe’s Earth observation and”
- 2
Supports Organization · founded year
“In 2015 ICEYE Oy was born.”
- 3
- 4CompanyICEYE
ICEYE · Supports Organization, Organization · name
“Persistent, all-weather space-based ISR for defense and intelligence organizations worldwide.”
- 5DatabaseICEYE — LinkedIn company profile
LinkedIn via Bright Data · Supports Organization · company size, Organization · founded, Organization · headquarters, Organization · logo, Organization · url
“{"company_size": "1,001-5,000 employees"}”
Funding20
- 6
Crunchbase · Oct 6, 2026 · Supports Funding round
“Funding Type Grant”
- 7
Wikipedia · Jun 9, 2026 · Supports Funding round · amount
“plus a secondary above €550 million”
- 8CompanyIceye funding announcement
Iceye · Jun 9, 2026 · Supports Funding round
“has raised EUR 450 million (USD 520 million) in a primary Series F funding round”
- 9
ICEYE · Jun 9, 2026 · Supports Funding round, Funding round · amount, Funding round · post money valuation usd
“Additional investors include Solidium, Tesi, Varma, Ilmarinen, Lifeline Ventures, as well as Nokia, from Finland, Qatar Investment Authority (QIA) and TCV.”
- 10
ICEYE · May 21, 2026 · Supports Funding round, Funding round · amount
“Citi and Danske Bank acted as Joint Global Coordinators and Mandated Lead Arrangers.”
- 11
TradedVC · Dec 9, 2025 · Supports Funding round
“has raised €150 million (US $175 million) in a new equity round led by General Catalyst”
- 12
Tesi · Dec 5, 2025 · Supports Funding round
“U.S.-based General Catalyst has led a EUR 150 million Series E round in Finnish satellite company ICEYE”
- 13
ICEYE · Dec 5, 2025 · Supports Funding round · amount, Funding round · post money valuation usd
“as well as a EUR 50 million secondary placement”
- 14
ArcticStartup · Aug 27, 2025 · Supports Funding round
“has raised €9.38 million from Vinci S.A., the venture arm of Poland’s National Development Bank (BGK).”
- 15
Scroll.media · Aug 26, 2025 · Supports Funding round · amount
“ICEYE has secured a fresh round of investment, $11 million from Poland.”
- 16
ICEYE · Jun 19, 2025 · Supports Funding round · amount
“has awarded €41.1 million in funding, including €5.7 million in non-dilutive R&D grants and €35.4 million in development loans.”
- 17
SatNews · Dec 18, 2024 · Supports Funding round, Funding round · amount
“The funding round extension included participation from funds managed by Solidium Oy, BlackRock, Seraphim, Plio Limited, and Christo Georgiev.”
- 18
ICEYE · Apr 17, 2024 · Supports Funding round · amount
“announced today definitive agreement signed for an oversubscribed $93M growth funding round.”
- 19
Via Satellite · Apr 17, 2024 · Supports Funding round
“raised $93 million in growth funding, led by Finland’s sovereign wealth fund Solidium.”
- 20
PR Newswire (via Nasdaq) · Feb 3, 2022 · Supports Funding round · amount
“today announced the closing of a $136M Series D funding round, led by long-standing investor Seraphim Space.”
- 21
ICEYE · Sep 22, 2020 · Supports Funding round, Funding round · amount
“ICEYE’s Series C includes participation from return investors True Ventures, OTB Ventures, Finnish Industry Investment (Tesi), Draper Esprit, DNX Ventures, Draper Associates, Seraphim Capital, Promus Ventures and Space Angels.”
- 22
ICEYE · May 24, 2018 · Supports Funding round, Funding round · amount
“today announced $34M Series B funding led by return investor”
- 23
ICEYE · Sep 25, 2017 · Supports Funding round · amount
“today announced $1.2M in new funding led by Seraphim Capital.”
- 24
PR Newswire · Aug 23, 2017 · Supports Funding round · amount
“today announced $13M in new funding, including an $8.5M financing round led by Draper Nexus.”
- 25CompanyIceye funding announcement
Iceye · Nov 12, 2015 · Supports Funding round
“Iceye announced today a $2.8 million Series A funding round led by True Ventures”
Government3
- 26
ICEYE · May 14, 2025 · Supports Government award · ceiling amount
“Wartość całego zamówienia wynosi ok. 860 mln zł brutto.”
- 27Government recordNowe zdolności Wojska Polskiego. Umowa na dostawę Satelitarnego Systemu Obserwacji Ziemi w programie MikroSAR podpisana
Ministerstwo Obrony Narodowej · May 14, 2025 · Supports Government award · ceiling amount
“Obecny na konferencji wiceszef MON Paweł Bejda zaznaczył, że umowa na 860 mln zł z polskimi firmami”
- 28
ICEYE · May 14, 2025 · Supports Government award, Supply relationship
“today signed an agreement with the Ministry of National Defense of the Republic of Poland to deliver the Polish Armed Forces with an initial batch of three ICEYE SAR satellites”
Supply chain1
- 29
ICEYE · May 16, 2025 · Supports Facility
“ICEYE's new Athens facilities feature a satellite assembly production line”
People1
- 30DatabaseICEYE — crunchbase profile
Crunchbase via Bright Data · Supports Role · founders
“{"founders": [{"id": "pekka-laurila", "type": "person", "value": "Pekka Laurila"}, {"id": "rafal-modrzewski", "type": "person", "value": "Rafal Modrzewski"}]}”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.