SkyWatch Space Applications Inc.

SkyWatch Space Applications Inc. in its $10 million Series A financing round

Client

SkyWatch Space Applications Inc.

Value

$10 million

Service

Emerging and High Growth Companies

Date Closed

January 2020

Industry

Telecom

Lead Office

Toronto

 

On January 3, 2020, SkyWatch Space Applications Inc. (SkyWatch) closed their $10 million Series A financing round led by Bullpen Capital. The financing will allow the startup to accelerate and grow past 1000 customers over the next year. The funding will also enable SkyWatch to commercialize and scale their Earth Observation capture and distribution technology to provide companies with reliable access to satellite data.

SkyWatch Space Applications Inc. is a Waterloo – based growth stage space technology company that is specialized in Earth Observation technology and focused on making satellite data accessible to the world.

Bullpen Capital is an early stage, post seed venture fund with a focus on investing in technology companies that have been funded by super angels and institutional seed funds.

Osler, Hoskin & Harcourt LLP advised SkyWatch Space Applications Inc. with a team consisting of Chad Bayne, David Jamieson and Theresa Donkor (Emerging and High Growth Companies).