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$10M Seed Round

Category: /Startup Tips/
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"... Haddad, the company was still a team of three. That’s about to change, however; a number of new hires recently accepted offers, and the company expects to add another four or five people to its staff in addition to those already planning to join.

Albedo said it anticipates a staff of 10 to 12 by the end of the year.

The $10 million will also allow the company to fund a down payment on rocket space and payments to suppliers that should allow Albedo to wrap up its satellite design."

Read the rest at https://techcrunch.com/2021/04/22/satellite-imagery-startup-albedo-closes-10m-seed-round/

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