ICEYE logo — ICEYE is the world leader in sovereign intelligence from spa...

ICEYE

ICEYE is the world leader in sovereign intelligence from space.

Founded 2015 Finland Finland 1150 employees Series F Total: $1.86B Information Technology, Space +1

General Information

Company Name ICEYE
Founded Year 2015
Location Finland Finland
Founders / Decision Makers
Team member
Employees 1150
Industries Information Technology, Space, Telecom
Funding Stage Series F
Business Model B2B, DaaS, API
Revenue Model Usage Based, Subscription, Licensing
Offices as of Sep 2026
Espoo, Finland

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Growth Metrics Oct 02, 2026

ICEYE announced the successful launch of four newly launched satellites, adding new capacity to its global fleet.

New Partnership Oct 01, 2026

ICEYE announced a partnership with Nokia to develop secure, high-performance LEO satellite communications for governments and defense customers.

Feature Release Sep 30, 2026

ICEYE's Gen 3.5 satellites have gained the operational capability for simultaneous SAR image acquisition and X-band downlink, enabled by iterative flight software updates.

Major Customer Win Sep 29, 2026

ICEYE has gained SpatialKey customers, providing them access to its complete natural catastrophe intelligence portfolio via an expanded partnership with Insurity.

Event Participation Sep 28, 2026

ICEYE's CEO and Co-founder Rafal Modrzewski will participate as a speaker in a conversation at the Helsinki Security Forum on October 2, 2026.

New Office Sep 25, 2026

ICEYE has opened its new Satellite Technology Center in Warsaw, Poland, which will serve as the company's new headquarters in the country.

+9 more signals in last 30 days

AI Insight

Bounce Watch AI
3 weeks ago

ICEYE recently achieved a significant milestone with a €1 billion Series F funding round, co-led by the Scaleup Europe Fund, elevating its valuation beyond €10 billion. This massive capital infusion, alongside impressive financial growth (over €250M revenue and €1.5B backlog in 2025), is fueling a rapid global expansion strategy, evidenced by new European entities, key executive hires, and continuous satellite deployments. These developments, coupled with strategic partnerships and high-level government engagement, firmly establish ICEYE as a pivotal player in sovereign space intelligence.

Signal Types
Funding Growth Expansion Product Launch Hiring Partnership Valuation
Strategic Labels
Global Expansion Sovereign Intelligence Market Leadership
Next Move: Expansion
·
Impact: 10/10
·
Ideal For: Growth Equity — Space Technology & DeepTech

About ICEYE

ICEYE, founded in 2015 and headquartered in Finland, positions itself as a global leader in sovereign intelligence from space. The company utilizes the world's largest and most advanced SAR (synthetic aperture radar) satellite constellation to offer unparalleled intelligence services in terms of quality, latency, and frequency, regardless of weather conditions or time of day.

As of 05 August 2026, ICEYE secured a substantial €1.00B Series F investment, backed by renowned investors such as General Atlantic, EQT, and Scaleup Europe Fund. This capital influx underscores confidence in ICEYE's ability to innovate and expand its capabilities across diverse sectors like defense, intelligence, environmental monitoring, insurance, and emergency management.

With over 1,000 employees, ICEYE maintains a robust global presence, facilitating rapid decision-making that promotes a safer future. The company continues to draw interest not only for its technological prowess but also for its strategic role in advancing global security and intelligence capabilities.

Taxonomy: Sovereign Intelligence, Synthetic Aperture Radar, Satellite Constellation, Earth Observation, Persistent Monitoring, Defense and Intelligence, Environmental Monitoring, Insurance Insights, Emergency Management, Near Real-Time Data, Natural Disaster Response, Maritime Monitoring, Geospatial Analytics, Remote Sensing

Services & Products

SAR Data Provisioning
Flood Intelligence
Tactical Access and Tasking
API Platform for Real-time Insights
Defense and Intelligence Solutions
Sovereign ISR Systems Deployment

Target Customers

Governments Insurance Companies Defense Organizations Banking Sector Utilities and Energy Companies

Funding Rounds & Investors (14)

View All
Funding Stage Amount Investors Lead Investors Date
Series F €1.00B 3
General Atlantic, EQT +1
05 Aug 2026
Revolving Credit Facility €300.00M 2
Danske Bank, Citi
21 May 2026
Secondary Market €150.00M 8
Bpifrance, Lifeline Ventures +6
01 Dec 2025
Grant $10.99M 1
Vinci
01 Aug 2025
Debt Financing $32.50M 4
Seraphim Space, BlackRock +2
01 Dec 2024
Series E $93.00M 4
Seraphim Space, Blackwells Capital invested +2
01 Apr 2024
Late VC $136.00M 13
Seraphim Space, Molten Ventures +11
01 Feb 2022
Series C $87.00M 12
Seraphim Space, DNX Ventures +10
01 Sep 2020
Grant Undisclosed 1
Eurostars SME programme
01 Oct 2019
Debt Financing €10.00M 1
Business Finland
01 Dec 2018

View All 14 Funding Rounds

ICEYE Alternatives & Competitors

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FAQ About ICEYE

ICEYE is the world leader in sovereign intelligence from space.
ICEYE was founded in 2015.
ICEYE is headquartered in Finland. As of Sep 2026, it also has offices in Espoo, Finland.
ICEYE operates in Information Technology, Space and Telecom. Its work centres on Sovereign Intelligence, Synthetic Aperture Radar, Satellite Constellation and Earth Observation. Its customers include Governments, Insurance Companies and Defense Organizations.
ICEYE has a B2B, DaaS and API business model. Its revenue comes from Usage Based, Subscription and Licensing.
ICEYE has approximately 1150 employees.
ICEYE has completed 14 funding rounds, raising a total of $1.86B. The latest funding stage is Series F.
ICEYE offers: SAR Data Provisioning, Flood Intelligence, Tactical Access and Tasking, API Platform for Real-time Insights, Defense and Intelligence Solutions, Sovereign ISR Systems Deployment.
Top alternatives and competitors to ICEYE include GalaxEye, Xerra Earth Observation Institute, Pixxel, Earthcube, BLUE PLANET. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ICEYE and GalaxEye are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ICEYE, https://bouncewatch.com/company/iceye, updated 26 September 2026. When citing, please name BounceWatch and link this page.

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