Tilebox, a new European space startup has closed its pre-seed round of funding, raising $1.7 million. The company announced the close of the funding round
German startup Airmo is taking aim at climate change, with plans to launch a twelve-satellite constellation to monitor greenhouse gas (GHG) emissions across the planet. To fuel its ambitions, the company announced today that it closed €5.2 million ($5.7 million) in pre-seed funding, which includes €1.5 million from venture investors and a €3.7 million contract with the European Space Agency (ESA). Airmo, founded in 2022, says it will use the funding to launch its first satellite equipped with spectrometer and light detection and ranging (lidar) technology to detect and measure GHGs in real-time.
German startup Airmo is taking aim at climate change, with plans to launch a 12-satellite constellation to monitor greenhouse gas emissions across the planet.