Founded in 2017, OrbitAI developed and validated AI-driven technology to optimize satellite communications and is positioned among the top five players in its niche. The company has raised multiple financing rounds, including Seed, Series A and a recent Series B, and its cap table allocates roughly 10.25% to Founders, 10.25% to the Seed investor, 46.15% to the Series A investor and 33.35% to the Series B investor. OrbitAI reported increased cash burn and remains unprofitable following a market downturn that forced reductions in non-headcount costs and cuts to non-critical activities and R&D. Management has pivoted its go-to-market toward larger clients willing to pay more for customized services and projects a recovery sufficient to meet prior financial objectives. The company seeks an incremental €10 million to finance this growth strategy, with planned use of funds split 40% R&D, 40% commercial expansion and 20% working capital. Current runway is approximately five months, and existing investors are urging steps to enable an exit as fund terms near their ends.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2026