Madrid-based space data startup Xoople has secured 130 million USD in a Series B funding round. This latest injection of capital brings the company total funding to 225 million USD. While CEO and co-founder Fabrizio Pirondini confirmed the company has reached unicorn status, no specific valuation figures were disclosed.
Led by Nazca Capital, the round also included participation from MCH Private Equity, CDTI, Buenavista Equity Partners, and Endeavor Catalyst. The funding will be directed toward the development of the company proprietary satellite constellation and sensors alongside the expansion of its space-data platform and enterprise software integrations.
Founded in 2019, Xoople operates as a data infrastructure firm focusing on physical-world intelligence. The company provides Earth observation data for deep-learning models across sectors including supply chain management, agriculture, insurance, and urban planning. Its platform is currently utilized by government agencies and various Fortune 500 companies to monitor infrastructure and model real-world risks.