SkyWatch

SkyWatch in its US$17.2 million Series B funding round

Client

SkyWatch

Value

US$17.2 million

Service

Emerging and High Growth Companies

Date Closed

June 2021

Industry

Telecom

Lead Office

Toronto

 

On June 15, 2021, SkyWatch announced it had completed its US$17.2 million Series B financing round led by Drive Capital and including BDC ICE Venture Fund, Golden Ventures, Space Capital and Bullpen Capital. The funding will be used to globally scale the company’s technology and leverage its tools and building applications through its EarthCache API.

SkyWatch is a Waterloo-based technology company specialized in Earth Observation technology and focused on making satellite data accessible to the world.

Osler, Hoskin & Harcourt LLP advised SkyWatch with a team consisting of Chad Bayne, Theresa Donkor (Emerging and High Growth Companies) and Alexandra Alacchi (Corporate).