Unclassified // open-source data on European defence tech
Space & ISR sector
Espoo, Finland

ICEYE

Builds and operates the largest commercial SAR satellite constellation, providing all-weather radar imaging to defence and government customers.

Italy at night, seen from the International Space Station. Photo: NASA, Public domain (PD-USGov-NASA-AP).

Latest round€450MSeries F, Jun 2026
Total raisedUndisclosedNot disclosed

Round details

Series F, €450M primary (>€1B incl. secondary) at >€10B valuation, Jun 2026 (closing Q3 2026).

Why it matters

2025 revenue >€250M and €1.5B contracted backlog; Series E €150M (Dec 2025).

Key figures confirmed by multiple sourcesLast checked 21 October 2026

ICEYE: key questions

What does ICEYE do?

Builds and operates the largest commercial SAR satellite constellation, providing all-weather radar imaging to defence and government customers.

Where is ICEYE based?

ICEYE is headquartered in Espoo, Finland. It was founded in 2014.

How much funding has ICEYE raised?

A cumulative total is not disclosed. The latest round was: Series F, €450M primary (>€1B incl. secondary) at >€10B valuation, Jun 2026 (closing Q3 2026).

Who are ICEYE's investors?

Notable investors include General Atlantic, Nokia, Qatar Investment Authority.

Sources

  1. qia.qa/en/Newsroom/Pages/QIA-Participates-in-ICEYE%E2%80%99s-%E2%82%AC1B-Series-F-Funding-
  2. sifted.eu/articles/iceye-fundraise-spacetech-satellite

Figures come from company announcements and press reports. Spot an error? Send a correction. Nothing here is investment advice.

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