ICEYE
Finnish synthetic aperture radar satellite constellation for persistent intelligence and surveillance.
ICEYE operates the world's largest synthetic aperture radar (SAR) satellite constellation, providing all-weather, day-and-night Earth observation data for defense, intelligence, and commercial customers. Its satellites can image through clouds and at night, making them critical for maritime surveillance, infrastructure monitoring, and battlefield intelligence. ICEYE is one of Europe's most valuable defense-adjacent space companies, with a reported ~€10B valuation following a €1B funding round in June 2026.
Overview
- Headquarters
- Espoo, Finland
- Founded
- 2014
- Employees
- 600
- Total funding
- €1B+
- Valuation
- Over €10B (Series F, June 2026)
- Stage
- Series F
- Status
- active
- Domains
- SAR satellite constellation, Space-based intelligence, Maritime surveillance
- www.linkedin.com/company/iceye
- X / Twitter
- x.com/ICEYE
- Website
- iceye.com
Investors5
- FundGeneral CatalystGlobal VC with dedicated defense and national security practice.
- FundTesiFinnish state investment company; participated in Kelluu's €15M Series A.
- FundQatar Investment AuthoritySovereign wealth fund of the State of Qatar, investing globally across public and private markets including space and defense-adjacent technology.
- FundMolten VenturesLondon-listed European VC (formerly Draper Esprit), rebranded from Draper Esprit in November 2021; led Valarian's (then Worldr) $11M seed round in November 2022; portfolio includes ICEYE and Isar Aerospace.
- FundDraper AssociatesDraper Associates is Tim Draper's early-stage venture capital firm, founded in 1985 and based in San Mateo, California.
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
Raised per round
Valuation over time
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
Lifeline VenturesReinvested | Series F Preferred | ~23.9% |
IlmarinenReinvested | Series F Preferred | ~23.9% |
TesiReinvested | Series F Preferred | ~23.9% |
SolidiumReinvested | Series F Preferred | ~23.9% |
TCVNew | Series F Preferred | ~0.9% |
| Series F Preferred | ~0.9% | |
NokiaNew | Series F Preferred (new strategic) | ~0.9% |
VarmaNew | Series F Preferred | ~0.9% |
General AtlanticNew | Series F Preferred (lead) | ~0.9% |
Contracts0
No linked records yet.
Programs0
No linked records yet.
Frequently asked
- What does ICEYE do?
- ICEYE operates the world's largest synthetic aperture radar (SAR) satellite constellation, providing all-weather, day-and-night Earth observation data for defense, intelligence, and commercial customers. Its satellites can image through clouds and at night, making them critical for maritime surveillance, infrastructure monitoring, and battlefield intelligence. ICEYE is one of Europe's most valuable defense-adjacent space companies, with a reported ~€10B valuation following a €1B funding round in June 2026.
- Where is ICEYE headquartered?
- ICEYE is headquartered in Espoo, Finland and was founded in 2014.
- How much funding has ICEYE raised?
- ICEYE has raised €1B+ in disclosed funding, at a most recent valuation of Over €10B (Series F, June 2026).
- What does ICEYE specialize in?
- ICEYE works across SAR satellite constellation, Space-based intelligence, Maritime surveillance.
Sources & citations8
8 sources behind every claim
Every data point on this record is backed by a cited public source. Request Pro access to see them and verify each claim yourself.