We were thrilled to play a part in Ubotica Technologies over subscribed seed round with a global syndicate led by Atlantic Bridge. Ubotica is the leading provider of smarts for smart satellites, addressing major challenges by providing real-time actionable insights direct to users from space. Ubotica has developed the energy efficient CogniSat™ on-board processing system. This new investment includes funding for the next generation of the CogniSat platform and targeted team growth.
“With the upsurge in the market for satellites, we see a real market opportunity for on orbit processing and as the world’s leading investor in Space, we believe Ubotica is well positioned to be a key ecosystem enabler. We also recognise in Ubotica a team of seasoned entrepreneurs with track records of success scaling global businesses. This is a great example of the calibre of companies we see at our accelerator Seraphim Space Camp.” Rob Desborough, Managing Partner at Seraphim Space
Read announcement in full: https://ubotica.com/seed