Finland-based Iceye Raises $11M in Funding

Poland’s National Development Bank fund Vinci led the investment, with the company planning to use the capital to expand its operations and accelerate its development efforts.

Led by CEO Rafal Modrzewski, Iceye designs Earth-observation satellites that provide monitoring capabilities worldwide. Serving governments and commercial sectors, the company delivers critical intelligence for defense, insurance, disaster response, security, maritime tracking and finance.

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Iceye operates globally, with offices in Finland, Poland, Spain, the UK, Australia, Japan, UAE, Greece, and the US, employing over 700 people worldwide.

Founded in 2015, ICEYE is a fast-growing international New Space company with a diverse team from over 45 countries, united by shared values and vision.

Operating the world’s largest synthetic-aperture radar (SAR) satellite constellation, ICEYE provides continuous monitoring anywhere on Earth.

Its data supports industries like insurance, disaster response, security, maritime, and finance—capturing information day or night, even through clouds. ICEYE is always seeking new talent to push technological boundaries and make the impossible possible. Join us!

About Iceye

ICEYE is a fast-growing New Space company with a global team. Operating the largest SAR satellite constellation, it provides 24/7 Earth monitoring for industries like insurance, disaster response, and security.