LiveEO Raises €28M+ to Fund its First Constellation

LiveEO, geospatial intelligence startup, today announced a €28M+ ($32.8M) funding round.  The German company will use the funds to scale its business, launch its own satellite constellation, and build the tech to meet the growing worldwide demand for EO data. The round included investment from new investors HELANTIC, B2ventures and EIC as well as existing investors Nordic Ninjas, DTCF, Matterwave, MMC, Segenia, Greencode, and Andy von Bechtolsheim. Meeting the moment: Founded in 2018, LiveEO uses AI to analyze satellite data from third-party EO providers, aiming to help civil, defense, and commercial customers monitor critical infrastructure and utilities, such as power lines, pipelines, and railways. LiveEO plans to use the money in three ways: Scaling its civil and commercial business, and beginning to offer risk intelligence capabilities for “wildfire mitigation, vegetation management, and pipeline monitoring,” according to the release. Expanding its defense offering to capitalize on the global defense-spending boom in EO data and analysis, by translating LiveEO’s commercial capabilities to ISR applications. Funding the development and launch of Twinspector, the company’s planned EO constellation, which will capture 3D imagery at a 35cm resolution and launch as early as 2028.  Pedal to the metal: The fundraise is the latest indicator that global demand for space-based EO data is having a moment. Last year, Germany committed €35B (~$40B) to space infrastructure as part of the country’s defense strategy. LiveEO is betting big that demand won’t stop with defense. “When we started LiveEO, we set out to prove that satellite data and AI could transform how the world’s most critical infrastructure is managed. That proof is now global,” LiveEO cofounder Sven Przywarra said in a statement. “What this round enables is acceleration…The commercial opportunity ahead of us is larger than ever.” Related Stories Europe • Startups • VC/PE NewOrbit Raises $18.5M to Build VLEO Spacecraft at Scale While NewOrbit has yet to fly in any orbit, the company is targeting a first flight of its VLEO-capable NEO-1 satellite in 2028. Startups • Technology • VC/PE Juno Propulsion Raises $1.4M Pre-Seed for RDE Flight The $1.4M pre-seed investment round will fund the completion of its first flight-ready rotating detonation engine (RDE)—called Project Iris—ahead of its inaugural demo mission in 2027. VC/PE Apex Raises $200M At $2.3B Valuation It’s the company’s third $200M round in about 14 months. Europe US Commercial Space Stations Expand to Europe The ISS may be winding down, but Europe’s access to LEO isn’t going anywhere. More Stories Polaris • Q&A Commerce Aiming to Open Novel Space Applications This Summer Jacqueline Feldscher May 5, 2026 May 5, 2026 Share Twitter Linkedin Facebook Copy Email Taylor Jordan testifying before a House committee in March. Image: House Appropriations Committee Buckle up for novel space summer.  In March, the Office of Space Commerce (OSC) unveiled its plan to serve as a one-stop shop for licensing novel space missions. Under the office’s plan for mission authorization, companies working on everything from asteroid mining to in-space refueling could submit a single application, which Commerce would share with relevant agencies—including the FAA and FCC. Since then, industry has been fully on board with the proposal, according to Taylor Jordan, OSC head as well as NOAA’s assistant secretary of commerce for environmental observation and prediction.  Keep reading Load More