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Biz Briefs - Open Cosmos and GHGSat Complete Raises

Biz Briefs - Open Cosmos and GHGSat Complete Raises
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Open Cosmos, a UK satellite startup focused on sustainability, raises $50M

Satellites have come into focus as a critical way and sometimes the only way to deliver communications and receive data about certain locations around the world, a power position that can be heroic but also ripe for abuse, and that's before considering how their presence contributes to the growing problem of space debris. Now, U.K. startup Open Cosmos, which is building what it describes as "sustainable" low-earth orbit satellites and an end-to-end system for managing the data gathered through them, has raised $50 million aimed at making access more democratized through a platform it has built that lets multiple organizations use single satellites, or more typically a constellation of satellites, and (if they choose) share the data they collect with each other. The company co-founded by three aerospace engineers out of Spain has been around since 2015 and caught the eye of the industry early on when it managed to put together and launch its first LEO satellite

Butternut Box announces £280m investment from General Atlantic and L Catterton to feed more dogs across Europe

LONDON, September 04, 2023 Butternut Box, the UK-based fresh dog food company known for its innovative approach to pet food, today announced it has raised £280m in its latest fundraising round from new investor General Atlantic, a leading global growth equity firm. Existing investor L Catterton, a leading global consumer-focused investment firm, also participated in the round, helping to further the brand’s presence in Europe and continue its mission to deliver fresh, tasty, and healthy meals t

Fresh dogfood provider Butternut Box has appetite for £500m valuation

The UK-based company, launched in 2016, has secured funding led by new investor General Atlantic, the buyout firm, Sky News learns.

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