ICEYE valuation, funding and investors

ICEYE works in satellite constellation manufacturing and operation, based in Espoo, Finland. Founded in 2014, it has about 1,130 employees.

Aerospace and Defence Series F

VALUATION · TODAY

$12.83B +19% after Series F

Range $10.04B – $17.60B · Grade A

TODAY

+12 MO

$5.00B

$10.00B

$15.00B

$20.00B

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Series A $2.80M

Series B $34.0M

Series C $87.0M

Series D $136M

Bridge $65.0M

Series E $175M

Series F $520M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY1,128 employees

+25%6m growth

+54%1y growth

+71%2y growth

500

1,000

1,500

Data from Jan 2021

TODAY

Predicted in 1 yr $15.30B +19% vs today

Predicted next raise $1.83B if a round comes

Winding-down probability 0%

Last round: Series F · $520M · Jun 2026
Valuation at last round: $11.55B
Headcount: 1,128 · growing
Grade: A
Founded: 2014

How VCMC values companies →

ICEYE valuation today

VCMC values ICEYE at $12.8B today, with a range of $10.0B to $17.6B and a grade of A. The valuation starts from its last funding round, a Series F round in Jun 2026.

Valuation by date (161 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

ICEYE: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2014	$3.34M	$1.22M – $9.17M	$3.50M (+5%)	before first round	–	unknown	D	0%
1 Feb 2014	$3.35M	$1.22M – $9.21M	$3.51M (+5%)	before first round	–	unknown	D	0%
1 Mar 2014	$3.37M	$1.23M – $9.24M	$3.53M (+5%)	before first round	–	unknown	D	0%
1 Apr 2014	$3.38M	$1.23M – $9.28M	$3.54M (+5%)	before first round	–	unknown	D	0%
1 May 2014	$3.39M	$1.23M – $9.32M	$3.55M (+5%)	before first round	–	unknown	D	0%
1 Jun 2014	$3.41M	$1.24M – $9.35M	$3.57M (+5%)	before first round	–	unknown	D	0%
1 Jul 2014	$3.42M	$1.24M – $9.39M	$3.58M (+5%)	before first round	–	unknown	D	0%
1 Aug 2014	$3.43M	$1.25M – $9.43M	$3.60M (+5%)	before first round	–	unknown	D	0%
1 Sep 2014	$3.45M	$1.25M – $9.47M	$3.61M (+5%)	before first round	–	unknown	D	0%
1 Oct 2014	$3.46M	$1.26M – $9.50M	$3.62M (+5%)	before first round	–	unknown	D	0%
1 Nov 2014	$3.47M	$1.26M – $9.54M	$3.64M (+5%)	before first round	–	unknown	D	0%
1 Dec 2014	$3.49M	$1.27M – $9.58M	$3.65M (+5%)	before first round	–	unknown	D	0%
1 Jan 2015	$3.50M	$1.27M – $9.61M	$3.67M (+5%)	before first round	–	unknown	D	0%
1 Feb 2015	$3.51M	$1.28M – $9.65M	$3.68M (+5%)	before first round	–	unknown	D	0%
1 Mar 2015	$3.53M	$1.28M – $9.69M	$3.70M (+5%)	before first round	–	unknown	D	0%
1 Apr 2015	$3.54M	$1.29M – $9.73M	$3.71M (+5%)	before first round	–	unknown	D	0%
1 May 2015	$3.55M	$1.29M – $9.76M	$3.72M (+5%)	before first round	–	unknown	D	0%
1 Jun 2015	$3.57M	$1.30M – $9.80M	$3.74M (+5%)	before first round	–	unknown	D	0%
1 Jul 2015	$3.58M	$1.30M – $9.84M	$3.75M (+5%)	before first round	–	unknown	D	0%
1 Aug 2015	$3.60M	$1.31M – $9.88M	$3.85M (+7%)	before first round	–	unknown	D	0%
1 Sep 2015	$3.61M	$1.31M – $9.92M	$3.96M (+10%)	before first round	–	unknown	D	0%
1 Oct 2015	$3.62M	$1.32M – $9.96M	$4.06M (+12%)	before first round	–	unknown	D	0%
1 Nov 2015	$3.64M	$1.32M – $10.0M	$4.17M (+15%)	before first round	–	unknown	D	0%
13 Nov 2015	$14.3M	$9.38M – $39.1M	$25.7M (+80%)	after a round	–	unknown	C	0%
1 Dec 2015	$14.7M	$9.38M – $39.1M	$25.7M (+75%)	after a round	–	unknown	C	0%
1 Jan 2016	$15.5M	$9.38M – $39.1M	$25.7M (+66%)	after a round	–	unknown	C	0%
1 Feb 2016	$16.3M	$9.38M – $39.1M	$25.7M (+58%)	after a round	–	unknown	C	0%
1 Mar 2016	$17.0M	$9.38M – $39.1M	$25.7M (+51%)	after a round	–	unknown	C	0%
1 Apr 2016	$17.9M	$9.38M – $39.1M	$25.7M (+43%)	after a round	–	unknown	C	0%
1 May 2016	$18.8M	$9.38M – $39.1M	$25.7M (+37%)	after a round	–	unknown	C	0%
1 Jun 2016	$19.8M	$9.38M – $39.1M	$25.7M (+30%)	after a round	–	unknown	C	0%
1 Jul 2016	$20.7M	$9.38M – $39.1M	$25.7M (+24%)	after a round	–	unknown	C	0%
1 Aug 2016	$21.8M	$9.38M – $39.1M	$25.7M (+18%)	after a round	–	unknown	C	0%
1 Sep 2016	$22.9M	$9.38M – $39.1M	$25.7M (+12%)	after a round	–	unknown	C	0%
1 Oct 2016	$24.0M	$9.38M – $39.1M	$25.7M (+7%)	after a round	–	unknown	C	0%
1 Nov 2016	$25.3M	$9.38M – $39.1M	$25.7M (+2%)	after a round	–	unknown	C	0%
1 Dec 2016	$25.7M	$9.08M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Jan 2017	$25.7M	$8.63M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Feb 2017	$25.7M	$8.20M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Mar 2017	$25.7M	$7.83M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Apr 2017	$25.7M	$7.44M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 May 2017	$25.7M	$7.08M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Jun 2017	$25.7M	$6.73M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Jul 2017	$25.7M	$6.41M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Aug 2017	$25.7M	$6.09M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Sep 2017	$25.7M	$5.79M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Oct 2017	$25.7M	$5.51M – $39.1M	$25.7M (0%)	after a round	–	unknown	C	0%
1 Nov 2017	$25.7M	$5.24M – $39.1M	$25.7M (0%)	after a round	–	unknown	D	0%
1 Dec 2017	$25.7M	$4.98M – $39.1M	$25.7M (0%)	after a round	–	unknown	D	0%
1 Jan 2018	$25.7M	$4.74M – $39.1M	$25.7M (0%)	after a round	–	unknown	D	0%
1 Feb 2018	$25.7M	$4.50M – $39.1M	$25.7M (0%)	after a round	–	unknown	D	0%
1 Mar 2018	$25.7M	$4.30M – $39.1M	$25.7M (0%)	after a round	–	unknown	D	0%
1 Apr 2018	$25.7M	$4.09M – $39.1M	$25.7M (0%)	after a round	–	unknown	D	0%
1 May 2018	$25.7M	$3.89M – $39.1M	$25.7M (0%)	after a round	–	unknown	D	0%
25 May 2018	$188M	$133M – $400M	$282M (+50%)	after a round	–	unknown	B	0%
1 Jun 2018	$190M	$133M – $400M	$282M (+49%)	after a round	–	unknown	B	0%
1 Jul 2018	$196M	$133M – $400M	$282M (+44%)	after a round	–	unknown	B	0%
1 Aug 2018	$203M	$133M – $400M	$282M (+39%)	after a round	–	unknown	B	0%
1 Sep 2018	$210M	$133M – $400M	$282M (+34%)	after a round	–	unknown	B	0%
1 Oct 2018	$217M	$133M – $400M	$282M (+30%)	after a round	–	unknown	B	0%
1 Nov 2018	$225M	$133M – $400M	$282M (+25%)	after a round	–	unknown	B	0%
1 Dec 2018	$233M	$133M – $400M	$282M (+21%)	after a round	–	unknown	B	0%
1 Jan 2019	$241M	$133M – $400M	$282M (+17%)	after a round	–	unknown	B	0%
1 Feb 2019	$249M	$133M – $400M	$282M (+13%)	after a round	–	unknown	B	0%
1 Mar 2019	$257M	$133M – $400M	$282M (+10%)	after a round	–	unknown	B	0%
1 Apr 2019	$266M	$133M – $400M	$282M (+6%)	after a round	–	unknown	B	0%
1 May 2019	$275M	$133M – $400M	$282M (+3%)	after a round	–	unknown	B	0%
1 Jun 2019	$282M	$131M – $400M	$282M (0%)	after a round	–	unknown	B	0%
1 Jul 2019	$282M	$126M – $400M	$282M (0%)	after a round	–	unknown	B	0%
1 Aug 2019	$282M	$120M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Sep 2019	$282M	$115M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Oct 2019	$282M	$110M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Nov 2019	$282M	$105M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Dec 2019	$282M	$101M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Jan 2020	$282M	$96.6M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Feb 2020	$282M	$92.4M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Mar 2020	$282M	$88.7M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Apr 2020	$282M	$84.9M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 May 2020	$282M	$81.3M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Jun 2020	$282M	$71.7M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Jul 2020	$282M	$68.3M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Aug 2020	$282M	$64.9M – $400M	$282M (0%)	after a round	–	unknown	C	0%
1 Sep 2020	$282M	$61.7M – $400M	$282M (0%)	after a round	–	unknown	C	0%
23 Sep 2020	$654M	$460M – $1.2B	$849M (+30%)	after a round	–	unknown	B	0%
1 Oct 2020	$657M	$460M – $1.2B	$849M (+29%)	after a round	–	unknown	B	0%
1 Nov 2020	$672M	$460M – $1.2B	$849M (+26%)	after a round	–	unknown	B	0%
1 Dec 2020	$687M	$460M – $1.2B	$849M (+24%)	after a round	–	unknown	B	0%
1 Jan 2021	$702M	$460M – $1.2B	$849M (+21%)	after a round	160	unknown	B	0%
1 Feb 2021	$718M	$460M – $1.2B	$849M (+18%)	after a round	160	unknown	B	0%
1 Mar 2021	$733M	$460M – $1.2B	$849M (+16%)	after a round	160	unknown	B	0%
1 Apr 2021	$749M	$460M – $1.2B	$849M (+13%)	after a round	160	flat	B	0%
1 May 2021	$766M	$460M – $1.2B	$849M (+11%)	after a round	160	flat	B	0%
1 Jun 2021	$783M	$460M – $1.2B	$849M (+8%)	after a round	160	flat	B	0%
1 Jul 2021	$800M	$460M – $1.2B	$849M (+6%)	after a round	160	flat	B	0%
1 Aug 2021	$818M	$460M – $1.2B	$849M (+4%)	after a round	160	flat	B	0%
1 Sep 2021	$836M	$460M – $1.2B	$849M (+2%)	after a round	160	flat	B	0%
1 Oct 2021	$849M	$454M – $1.2B	$849M (0%)	after a round	160	flat	B	0%
1 Nov 2021	$849M	$434M – $1.2B	$849M (0%)	after a round	160	flat	B	0%
1 Dec 2021	$849M	$415M – $1.2B	$849M (0%)	after a round	160	flat	B	0%
1 Jan 2022	$849M	$396M – $1.2B	$849M (0%)	after a round	160	flat	B	0%
1 Feb 2022	$849M	$378M – $1.2B	$849M (0%)	after a round	160	flat	B	0%
4 Feb 2022	$1.3B	$931M – $2.4B	$1.7B (+30%)	after a round	160	flat	B	0%
1 Mar 2022	$1.3B	$931M – $2.4B	$1.7B (+28%)	after a round	390	growing	B	0%
1 Apr 2022	$1.4B	$931M – $2.4B	$1.7B (+25%)	after a round	390	growing	B	0%
1 May 2022	$1.4B	$931M – $2.4B	$1.7B (+22%)	after a round	390	growing	B	0%
1 Jun 2022	$1.4B	$931M – $2.4B	$1.7B (+19%)	after a round	390	growing	B	0%
1 Jul 2022	$1.5B	$931M – $2.4B	$1.7B (+17%)	after a round	390	growing	B	0%
1 Aug 2022	$1.5B	$931M – $2.4B	$1.7B (+14%)	after a round	390	growing	B	0%
1 Sep 2022	$1.5B	$931M – $2.4B	$1.7B (+12%)	after a round	390	growing	B	0%
1 Oct 2022	$1.6B	$931M – $2.4B	$1.7B (+9%)	after a round	390	growing	B	0%
1 Nov 2022	$1.6B	$931M – $2.4B	$1.7B (+7%)	after a round	390	unknown	B	0%
1 Dec 2022	$1.6B	$931M – $2.4B	$1.7B (+5%)	after a round	390	unknown	B	0%
1 Jan 2023	$1.7B	$931M – $2.4B	$1.7B (+2%)	after a round	390	unknown	B	0%
1 Feb 2023	$1.7B	$931M – $2.4B	$1.7B (0%)	after a round	390	unknown	B	0%
1 Mar 2023	$1.7B	$896M – $2.4B	$1.7B (0%)	after a round	390	unknown	B	0%
1 Apr 2023	$1.8B	$951M – $2.5B	$1.8B (0%)	after a round	470	up	B	0%
1 May 2023	$1.8B	$940M – $2.5B	$1.8B (0%)	after a round	470	up	B	0%
1 Jun 2023	$1.8B	$930M – $2.5B	$1.8B (0%)	after a round	470	up	B	0%
1 Jul 2023	$1.8B	$920M – $2.5B	$1.8B (0%)	after a round	470	up	B	0%
1 Aug 2023	$1.8B	$909M – $2.5B	$1.8B (0%)	after a round	470	up	B	0%
1 Sep 2023	$1.8B	$899M – $2.5B	$1.8B (0%)	after a round	470	up	B	0%
1 Oct 2023	$1.8B	$690M – $2.6B	$1.8B (0%)	after a round	510	flat	C	0%
1 Nov 2023	$1.8B	$659M – $2.6B	$1.8B (0%)	after a round	510	flat	C	0%
1 Dec 2023	$1.8B	$630M – $2.6B	$1.8B (0%)	after a round	510	flat	C	0%
1 Jan 2024	$1.8B	$601M – $2.6B	$1.8B (0%)	after a round	510	flat	C	0%
1 Feb 2024	$1.8B	$574M – $2.6B	$1.8B (0%)	after a round	510	flat	C	0%
1 Mar 2024	$1.9B	$805M – $2.7B	$1.9B (0%)	after a round	600	up	C	0%
1 Apr 2024	$1.9B	$790M – $2.7B	$1.9B (0%)	after a round	600	up	C	0%
1 May 2024	$1.9B	$776M – $2.7B	$1.9B (0%)	after a round	600	up	C	0%
1 Jun 2024	$1.9B	$761M – $2.7B	$1.9B (-1%)	after a round	600	up	C	0%
1 Jul 2024	$1.9B	$1.1B – $2.7B	$1.9B (0%)	after a round	660	growing	B	0%
1 Aug 2024	$1.9B	$1.1B – $2.7B	$1.9B (0%)	after a round	660	growing	B	0%
1 Sep 2024	$1.9B	$1.1B – $2.7B	$1.9B (0%)	after a round	660	growing	B	0%
1 Oct 2024	$1.9B	$1.1B – $2.7B	$1.9B (0%)	after a round	660	growing	B	0%
1 Nov 2024	$1.9B	$710M – $2.7B	$1.9B (0%)	after a round	670	up	C	0%
1 Dec 2024	$1.9B	$697M – $2.7B	$1.9B (0%)	after a round	670	up	C	0%
1 Jan 2025	$1.9B	$684M – $2.7B	$1.9B (0%)	after a round	670	up	C	0%
1 Feb 2025	$1.9B	$671M – $2.7B	$1.9B (0%)	after a round	670	up	C	0%
1 Mar 2025	$1.9B	$518M – $2.7B	$1.9B (0%)	after a round	670	up	C	0%
1 Apr 2025	$1.9B	$501M – $2.7B	$1.9B (0%)	after a round	670	up	C	0%
1 May 2025	$1.9B	$486M – $2.7B	$1.8B (-6%)	after a round	670	up	C	0%
1 Jun 2025	$1.9B	$470M – $2.7B	$1.8B (-6%)	after a round	670	up	C	0%
1 Jul 2025	$1.9B	$457M – $2.7B	$1.8B (-6%)	after a round	684	up	C	0%
1 Aug 2025	$1.9B	$447M – $2.7B	$1.8B (-6%)	after a round	714	up	C	0%
1 Sep 2025	$1.9B	$432M – $2.7B	$1.8B (-6%)	after a round	714	up	C	0%
1 Oct 2025	$1.9B	$422M – $2.7B	$1.8B (-7%)	after a round	734	up	C	0%
1 Nov 2025	$1.9B	$408M – $2.7B	$1.8B (-7%)	after a round	734	up	C	0%
1 Dec 2025	$1.9B	$395M – $2.6B	$1.7B (-7%)	after a round	734	up	C	0%
6 Dec 2025	$2.8B	$2.4B – $4.2B	$3.6B (+30%)	after a round	734	up	A	0%
1 Jan 2026	$2.9B	$2.4B – $4.2B	$3.6B (+28%)	after a round	734	up	A	0%
1 Feb 2026	$2.9B	$2.4B – $4.2B	$3.6B (+25%)	after a round	734	up	A	0%
1 Mar 2026	$3.0B	$2.4B – $4.2B	$3.6B (+22%)	after a round	734	flat	A	0%
1 Apr 2026	$3.1B	$2.4B – $4.4B	$3.8B (+23%)	after a round	905	growing	A	0%
1 May 2026	$3.2B	$2.4B – $4.4B	$3.9B (+21%)	after a round	953	growing	A	0%
1 Jun 2026	$3.3B	$2.4B – $4.4B	$3.9B (+18%)	after a round	953	growing	A	0%
10 Jun 2026	$11.6B	$10.0B – $17.3B	$15.0B (+30%)	after a round	953	growing	A	0%
1 Jul 2026	$11.7B	$10.0B – $17.3B	$15.0B (+28%)	after a round	953	growing	A	0%
1 Aug 2026	$12.0B	$10.0B – $17.3B	$15.0B (+25%)	after a round	1,036	growing	A	0%
1 Sep 2026	$12.3B	$10.0B – $17.3B	$15.0B (+22%)	after a round	1,036	growing	A	0%
1 Oct 2026	$12.6B	$10.0B – $17.6B	$15.3B (+21%)	after a round	1,128	growing	A	0%
24 Oct 2026	$12.8B	$10.0B – $17.6B	$15.3B (+19%)	after a round	1,128	growing	A	0%

Key facts about ICEYE

Founded: 2014
Headquarters: Espoo, Finland
Employees: about 1,130 +54% in a year
Total raised: $1.41B
Funding rounds: 10
Last round: Series F Jun 2026

ICEYE was founded in 2014 by Pekka Laurila and Rafał Modrzewski.

ICEYE funding history

ICEYE has 10 funding rounds on record, from Nov 2015 to Jun 2026, $1.41B in total. The latest disclosed valuation is $11.55B post-money (Series F, Jun 2026).

Series F 9 Jun 2026
Led by General Atlantic; with Solidium, Tesi, Varma Capital, Ilmarinen, Lifeline Ventures, Nokia, Qatar Investment Authority, Technology Crossover Ventures, EQT.
Sources: iceye.com, fyb.de, therecursive.com and 10 more
$520M
$11.55B post-money
Debt 9 Jun 2026no round page
With Unknown Bank.
Sources: techfundingnews.com, techfundingnews.com, startupsmagazine.co.uk
$346M
Grant 1 Jun 2026no round page
With Business Finland.
Sources: iceye.com, techfundingnews.com
$33M
Series E 5 Dec 2025
Led by General Catalyst; with A.P. Moller Holding, Bpifrance, Vinci (BGK Group), RiO Family Office, Solidium, Ilmarinen, European Tech Collective, Keva, Lifeline Ventures, Tesi, Varma Mutual Pension Insurance Company.
Sources: iceye.com, stockanalysis.com, nssif.gov.uk and 2 more
$175M
$2.80B post-money
Bridge 18 Dec 2024
With Solidium, BlackRock, Seraphim Space, Plio Limited, Christo Georgiev.
Sources: iceye.com, satellitetoday.com, spacenews.com and 5 more
$65M
Series D 3 Feb 2022
Led by Seraphim Space; with BAE Systems, Kajima Ventures, Molten Ventures, OTB Ventures, True Ventures, C16 Ventures, Chione Ltd, Services Group of America, National Security Strategic Investment Fund, Space Capital, Promus Ventures, European Investment Fund.
Sources: iceye.com, spacenews.com, private-equitynews.com and 1 more
$136M
Series C 22 Sep 2020
Led by True Ventures; with OTB Ventures, Tesi, Molten Ventures, DNX Ventures, Draper Associates, Seraphim Space, Promus Ventures, Space Capital, NewSpace Capital, Luxembourg Future Fund, European Investment Fund, European Investment Bank.
Sources: seraphim.vc, iceye.com, en.wikipedia.org
$87M
Series B 24 May 2018
Led by True Ventures; with Draper Associates, DNX Ventures, Seraphim Space, Space Capital, OTB Ventures, Tesi, Molten Ventures, Promus Ventures.
Sources: iceye.com, prnewswire.com, spacenews.com and 3 more
$34M
Other 23 Aug 2017no round page
Led by DNX Ventures; with True Ventures, Lifeline Ventures, Space Capital, Draper Associates, Finnish Funding Agency for Innovations, Tekes.
Sources: satellitetoday.com, iceye.com, satellitetoday.com and 1 more
$13M
Series A 12 Nov 2015
Led by True Ventures; with Lifeline Ventures, Founder.org.
Sources: iceye.com, prnewswire.com, satellitetoday.com and 1 more
$2.8M

ICEYE investors

44 investors have backed ICEYE; True Ventures, Seraphim Space and DNX Ventures and 2 more led at least one round.

General Atlantic lead
General Catalyst lead
OTB Ventures 3 rounds
Ilmarinen 2 rounds
BAE Systems
BlackRock
Bpifrance
Business Finland
C16 Ventures
Chione Ltd
Christo Georgiev
Draper Associates
EQT
European Investment Bank
European Tech Collective
Finnish Funding Agency for Innovations, Tekes
Founder.org
Kajima Ventures
Keva
Luxembourg Future Fund
National Security Strategic Investment Fund
Nokia
Plio Limited
Qatar Investment Authority
RiO Family Office
Services Group of America
Technology Crossover Ventures
Unknown Bank
Varma Mutual Pension Insurance Company
Vinci (BGK Group)

What ICEYE does

ICEYE works in aerospace and defence, with 14 recorded offerings and customers in defense, intelligence, environmental monitoring and insurance.

ICEYE Oy is a Finnish company that operates as a microsatellite manufacturer, satellite operator, and remote sensing provider. The company develops and manages a synthetic aperture radar (SAR) satellite constellation, offering persistent monitoring and imaging services for sectors such as defense, intelligence, environmental monitoring, insurance, emergency management, government, utilities, and energy. ICEYE also engages in research and development activities related to space-based intelligence solutions and collaborates with partners in the defense and insurance industries. The company is ISO certified and serves clients in multiple countries.

Description from Veridion's company data.

Products and services

Satellite Constellation Manufacturing and Operation
Synthetic Aperture Radar Imaging Services
Persistent Earth Monitoring Solutions
Natural Catastrophe Risk Assessment Services
Flood and Wildfire Monitoring Services
Deforestation Monitoring Services
Environmental Change Detection Solutions
Defense and Intelligence Intelligence Solutions
Emergency Management Intelligence Solutions
Utility and Energy Sector Intelligence Solutions
Remote Sensing Data Analytics Services
Space-Based Intelligence Research and Development
Satellite Technology Innovation Services
Global Intelligence Solutions Delivery

Markets

Defense
Intelligence
Environmental Monitoring
Insurance
Emergency Management
Government
Utilities
Energy

Technology

Synthetic Aperture Radar Technology
Miniaturized Synthetic Aperture Radar Satellites
Satellite Constellation for Persistent Monitoring

Certifications

ISO 9001:2015
ISO 27001:2022

Business model

Business-to-Business
Manufacturing
Enterprise

Industry codes (NAICS)

517810 All Other Telecommunications 50% match
336414 Guided Missile and Space Vehicle Manufacturing 50% match

Questions about ICEYE

What is ICEYE worth?

Valuation $12.8B (range $10.0B to $17.6B), as of 24 Oct 2026. The last disclosed valuation was $11.55B (Series F, Jun 2026).

Has ICEYE raised money?

ICEYE has 10 funding rounds on record, from Nov 2015 to Jun 2026, $1.41B in total. The latest disclosed valuation is $11.55B post-money (Series F, Jun 2026).

Who has invested in ICEYE?

True Ventures, Seraphim Space, DNX Ventures, General Atlantic, General Catalyst and Lifeline Ventures, and 38 more. Lead investors include True Ventures, Seraphim Space, DNX Ventures and General Atlantic.

How many people work at ICEYE?

About 1,130, up 54% over the last year. Headcount grew from 160 in Jan 2021 to 1,128 in Sep 2026.

What does ICEYE do?

ICEYE works in aerospace and defence, with 14 recorded offerings and customers in defense, intelligence, environmental monitoring and insurance. Its main offerings are satellite constellation manufacturing and operation, synthetic aperture radar imaging services and persistent earth monitoring solutions.

When was ICEYE founded, and where is it based?

ICEYE was founded in 2014 and is based in Espoo, Finland. It has about 1,130 employees, up 54% over the last year.

How we value companies Report an issue

ICEYE valuation, funding and investors

ICEYE valuation today

Key facts about ICEYE

ICEYE funding history

Series F 9 Jun 2026

Debt 9 Jun 2026no round page

Grant 1 Jun 2026no round page

Series E 5 Dec 2025

Bridge 18 Dec 2024

Series D 3 Feb 2022

Series C 22 Sep 2020

Series B 24 May 2018

Other 23 Aug 2017no round page

Series A 12 Nov 2015