Kuva Space builds a patented hyperspectral camera mounted on microsatellites and an AI-driven analytics platform that delivers real-time environmental insights. Its technology can distinguish nearly any material on Earth to monitor crop health, biodiversity, soil, marine conditions, and pollutants. The company plans to double its team, expand to the US market, launch its AI analytics platform, and further develop its space hardware and services. Kuva Space bills its solution via a subscription model and has secured a €5 million commercial contract from the European Commission as the sole hyperspectral data provider for the Copernicus programme. It is a NATO Arctic Challenge Innovation winner. Operationally, Kuva Space already has three satellites in orbit, will launch two more (including Hyperfield-1 in June 2024), and is planning a constellation of up to 100 satellites by 2030. Kuva Space (formerly Reaktor Space Lab) builds space-borne hyperspectral camera technology combined with AI to deliver global, daily, actionable data on ecological assets. Its small, high-performance sensors are designed to enable a cost-efficient constellation of tens of satellites, making affordable data available even to developing countries. The company offers situational awareness on agricultural policies and emissions, verification tools for bioasset carbon sequestration methods, and services intended to prevent biodiversity loss. Kuva Space says its agriculture solutions can improve crop yields up to 30% while decreasing required inputs by 15%. Future plans described in the articles include building and launching the first commercial satellites and developing the service pipeline while advancing business development. The company is positioned as a global source for actionable green data to support sustainable farming and carbon-binding decisions.

Total raised

$22M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2023