Insider Brief
- SatVu, a UK-based thermal imaging company, has raised £20 million in funding to advance its HotSat satellite constellation.
- The investment includes a £10 million equity round led by Adara Ventures and Molten Ventures, alongside an insurance payout. This marks the inaugural investment from Adara’s newly launched Energy Fund, aimed at supporting technologies driving Europe’s energy transition.
- With the new funding, SatVu plans to accelerate the production and deployment of HotSat-2 and HotSat-3, slated for launch in 2025.
SatVu, a UK-based climate technology company that uses thermal imaging for Earth Observatino, announced it has raised £20 million in funding to advance its HotSat satellite constellation. The investment includes a £10 million equity round led by Adara Ventures and Molten Ventures, alongside an insurance payout. This marks the inaugural investment from Adara’s newly launched Energy Fund, aimed at supporting technologies driving Europe’s energy transition.
The HotSat constellation, which debuted with the launch of HotSat-1 in June 2023, delivers 3.5-meter resolution thermal imagery. This data enables precise monitoring of global carbon emissions, energy activity, and infrastructure performance. With the new funding, SatVu plans to accelerate the production and deployment of HotSat-2 and HotSat-3, slated for launch in 2025. These satellites will expand the constellation’s ability to deliver near real-time thermal data, which is critical for applications such as climate mitigation, energy efficiency, and urban heat mapping.
Adara Ventures’ Founding Partner, Alberto Gómez, emphasized the transformative potential of SatVu’s technology. “By unlocking previously inaccessible data, SatVu is poised to fuel a new generation of applications across energy monitoring, economic activity, and climate resilience,” Gómez said. Patrick McCall of Seraphim noted that these advancements could redefine global approaches to emissions and energy management.
SatVu’s CEO and Co-founder, Anthony Baker, highlighted the mission’s urgency. “The support from Adara Ventures and our investor network allows us to deliver the thermal insights needed for decisive climate action,” Baker stated. “The upcoming launches of HotSat-2 and HotSat-3 will provide the critical data necessary to address some of the world’s most pressing environmental challenges.”
This funding positions SatVu to continue its contributions to sectors ranging from national security to climate resilience. By delivering high-resolution thermal data, the company aims to empower governments and industries with actionable insights to address energy inefficiencies and drive the global shift toward net-zero goals.
Image credit: SatVu
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