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, Buenavista Equity Partners, and Endeavor Catalyst, pushing total funding to $225 million.
Xoople partners with L3Harris Technologies to develop high-precision optical sensors for its satellites, enhancing its future data capabilities.
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, Airbus, and others, Xoople is focused on building distribution channels ahead of deploying its own proprietary data at scale.
Pirondini confirmed Xoople has entered "unicorn territory" valuation, reflecting strong market confidence, though specific figures were not disclosed.
The company continues to raise capital to support spacecraft development and scale its operations globally.
This funding milestone underscores Xoople’s ambition to transform Earth observation for the AI era.
Andrew Lee
