KP Labs receives PLN19.4 million growth investment
Momentum Capital Partners backs the Polish satellite computing company.
Momentum Capital Partners invested PLN19.4 million in KP Labs, announced on October 14. The growth equity fund becomes the company’s first investment-fund shareholder.
Capital will strengthen R&D, establish serial hardware production and expand international sales. KP Labs aims to move more of its business from bespoke projects toward ready-to-deploy products.
The Gliwice company develops onboard processors, software and AI that analyze satellite data in orbit. Processing information before transmission can help satellite operators deliver important results to Earth faster.
Use of funds
Expand R&D
Establish serial hardware production
Grow international marketing and sales