Iceye raises €150m Series E led by General Catalyst
The December 2025 financing also included a separate €50m secondary placement.
Iceye secured €150 million in new financing on December 5, 2025, in a Series E led by General Catalyst. A separate €50 million secondary placement brought the combined transaction to €200 million, at a €2.4 billion valuation.
Participants included A.P. Moller Holding, Bpifrance, Vinci, RiO Family Office and Finnish investors including Solidium, Ilmarinen, Keva, Lifeline Ventures, Tesi and Varma.
The new company capital supports radar satellite constellation growth, sovereign satellite systems and data intelligence services. Iceye provides imaging that operates through clouds and darkness for government and commercial customers.
Use of funds
Expand SAR satellite constellation
Deploy sovereign satellite systems
Develop sensing capabilities and data intelligence services