Urban Sky Funding & Investors
Urban Sky's novel invention, the high-altitude Microballoon™, leverages advances in component miniaturization and first-of-its-kind material re-usability to drastically reduce the cost of high-resolution remote sensing over broad, targeted areas, leading to more impactful data over more areas than ever before. The Microballoon™ is the first ever reusable stratospheric balloon. It's also the first ever precisely placeable remote sensing balloon. The Microballoon™ has a unique ability to image specific areas at desired times, never before possible with stratospheric balloons. This capability is made possible by coupling advanced balloon design with a very small form factor, enabling launch from virtually anywhere at any time with minimal personnel and equipment required. The Microballoon is also zero-emission, making it the most sustainable way to image Planet Earth. Remote sensing from the stratosphere combines many of the benefits of both space-based assets and lower altitude airborne vehicles. That means remote sensing data can be collected from the Stratosphere over vast areas, with aerial quality-resolution, at the lowest possible cost. This unique combination of advantages will finally unlock the full commercial usefulness of the Stratosphere.
urbansky.comTotal Amount Raised: $15,963,834
Urban Sky Funding Rounds
Series A
$9,750,000
Series A Investors
Lavrock VenturesLerer HippeauNew Legacy GroupCatapult VenturesDA VenturesUnion LabsTenOneTen VenturesGrant
$254,685
Grant Investors
National Science Foundation (NSF)Seed
$4,100,000
Seed Investors
Catapult VenturesTechstarsUnion LabsNew Stack VenturesTenOneTen VenturesSeed
$1,039,149
Seed Investors
New Stack VenturesTenOneTen VenturesPlug and Play InsurtechGrant
$250,000
Grant Investors
NASA Jet Propulsion LaboratoryPre Seed
$120,000
Pre Seed Investors
TechstarsPre Seed
$450,000
Pre Seed Investors
New Stack Ventures