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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.com

Total Amount Raised: $15,963,834

Urban Sky Funding Rounds

  • Series A

    $9,750,000

    Series A Investors

    Lavrock Ventures
    Lerer Hippeau
    New Legacy Group
    Catapult Ventures
    DA Ventures
    Union Labs
    TenOneTen Ventures
  • Grant

    $254,685

    Grant Investors

    National Science Foundation (NSF)
  • Seed

    $4,100,000

    Seed Investors

    Catapult Ventures
    Techstars
    Union Labs
    New Stack Ventures
    TenOneTen Ventures
  • Seed

    $1,039,149

    Seed Investors

    New Stack Ventures
    TenOneTen Ventures
    Plug and Play Insurtech
  • Grant

    $250,000

    Grant Investors

    NASA Jet Propulsion Laboratory
  • Pre Seed

    $120,000

    Pre Seed Investors

    Techstars
  • Pre Seed

    $450,000

    Pre Seed Investors

    New Stack Ventures
Funding info provided by Diffbot.