Spain’s Xoople raises $130 million Series B to map the Earth for AI
TechCrunch
Spanish startup Xoople secured $130 million in Series B funding to build a satellite constellation providing high-precision data for AI enterprise applications.Summary
Spanish startup Xoople has raised $130 million in a Series B funding round led by Nazca Capital, bringing its total capital raised to $225 million. The company aims to develop a satellite constellation that provides high-resolution optical data to train deep learning models for enterprise clients. By partnering with L3Harris Technologies for sensor development and integrating its data into platforms like Microsoft and Esri, Xoople seeks to become the primary source of ground truth for AI-driven earth observation, despite facing significant competition from established industry players.
(Source：TechCrunch)