Satlantis — Seed (estimated) · €2.35M

Satlantis' first investment round, raised from four large companies (Telefónica, everis-NTT, engineering firm IDOM and Basque investment vehicle Orza) and three public bodies (Diputación Foral de Bizkaia, the Basque Government and AXIS-ICO), to open a factory in Bizkaia for its shoebox-sized iSIM high-resolution satellite cameras. The company dates the closing to September 2016 while press coverage appeared on 2-3 November 2016, so only the month of announcement is recorded; no lead investor was stated.