Spain’s Xoople raises $130 million Series B to map the Earth for AI
Xoople secures $130 million to enhance satellite data for AI.
Xoople, a Spanish startup founded in 2019, has raised $130 million in a Series B funding round led by Nazca Capital. The company is developing a satellite constellation to collect precise data for AI applications, aiming to become a key provider of ground truth data for enterprises. With a focus on data quality and integration with existing platforms, Xoople is positioning itself in a competitive market alongside established players.
Key Takeaways
- 1.
Xoople has raised a total of $225 million since its founding in 2019.
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The company is collaborating with L3Harris Technologies to develop advanced sensors for its satellites.
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