Suma Capital invests $10 million in Hydrosat as a Series B extension

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Suma Capital, through its decarbonisation vehicle SC Net Zero Ventures, has put $10 million into Hydrosat, which reads heat from space with two thermal satellites in orbit. The money extends the $60 million Series B Hydrosat announced at the start of the year, which evidently had room for one more.

Araoz & Rueda advised Suma. Hydrosat plans to grow abroad, do more in Spain and build new thermal products.