Wyvern

Wyvern in its $9.45 million seed-plus round

Client

Wyvern

Value

$9.45 million

Service

Emerging and High Growth Companies

Date Closed

November 2022

Industry

Technology

Lead Office

Toronto

 

On November 8, 2022, Wyvern announced it had completed $9.45 million in a seed-plus round led by Uncork Capital with participation from MaC Venture Capital and Y Combinator. Wyvern’s satellite program, FirstLight, will launch in early 2023 and this new funding will help accelerate the timeline for deployment and improve the customer experience in industries such as defence, agriculture, mining, forestry, energy and emissions.

Wyvern is a Canadian start-up working at the cutting edge of satellite imaging that works specifically on hyperspectral imaging.

Osler, Hoskin & Harcourt LLP advised Wyvern with a team consisting of Chad Bayne, Ryan Unruch, and Janice To (Emerging and High Growth Companies).