Space Intelligence raises Series A
We acted as financial advisor to secure funding from AzurX Space Ventures and Intercontinental Exchange Inc.
Date
August 2024
Type
Fundraising
Our role
Sell side
Sector
Space Tech
About the companies
Space Intelligence
Space Intelligence analyses satellite data using advanced machine learning to monitor environmental changes and land use. Founded in 2017 in Edinburgh, they create detailed maps of ecosystems to help governments, NGOs and businesses make informed decisions about conservation and sustainability. Their work supports global efforts to protect biodiversity and combat environmental threats.
AzurX
AzurX Space Ventures is a specialised venture capital firm headquartered in Dubai with over $500 million in assets under management. This includes venture capital funds focused on satellite technology, space exploration and aerospace innovation. They support both early-stage and growth capital opportunities by providing funding (typically $5-20 million), strategic guidance and industry expertise.
ICE
Intercontinental Exchange Inc. (ICE) operates financial and commodity marketplaces globally, including the New York Stock Exchange. Founded in 2000, ICE provides platforms for trading and managing risk across various asset classes, including energy, agriculture and financial derivatives. They are also a major provider of data services and technology solutions, which supports global financial infrastructure.
Our role
We acted on behalf of Space Intelligence during their Series A funding round. We collated information from a number of sources to prepare a clear and concise financial pack which was used for investor communications, management presentations and due diligence. The clarity of the information presented meant that discussions between investors and senior management were solely focused on the strategic direction of the business, with no time wasted reconciling disparate financial data. We were also engaged to contact potential investors, address their detailed financial questions and be the key point of contact in the due diligence phase.
