Spain's Xoople Secures $130M Series B to Pioneer AI-Optimized Earth Mapping Satellite Constellation

Spanish startup Xoople has raised a whopping $130 million in Series B funding to build a satellite constellation mapping Earth for advanced AI applications.

Founded in 2019, Xoople has developed its technology over seven years using public data from spacecraft like the European Space Agency’s Sentinel-2.

Series B Funding Details and Backers

The round was led by Nazca Capital, with key participation from MCH Private Equity, government-backed CDTI, and others, pushing total funding to $225 million.

Xoople partners with L3Harris Technologies to equip its satellites with high-precision optical sensors for superior data collection.

Delivering Ground Truth Data for AI

CEO Fabrizio Pirondini promises a data stream "two orders of magnitude better than existing systems," providing essential ground truth for deep learning models.

By embedding solutions into platforms like Microsoft and Esri, Xoople enables direct service delivery to enterprise and government customers.

This positions the company to create "Earth’s System of Record," a true AI world model through strategic partnerships.

Industry Impact, Competition, and Roadmap

Target applications include disaster monitoring, crop health tracking, and supply chain oversight, expanding space data into private sector AI.

Facing rivals like Planet, BlackSky, and Google’s geospatial AI dominance, Xoople prioritizes distribution before full satellite deployment.

Pirondini confirmed Xoople has entered "unicorn territory" valuation, reflecting robust market confidence.

Future plans involve additional fundraising to launch full spacecraft operations and scale globally.

This funding milestone cements Xoople’s role in transforming Earth observation for the AI era.