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Iceye
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Developer of SAR satellites and accompanying analytics for flood and wildfire building damage assessment

Founded in 2012
Founded in

Company type Private Public ()
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Industry Group resources & environmental management

Sector climate risk & resilience

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Finland Espinoo, Finland
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Updated by Sunena Gupta at on 03/16/2025

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Date Partner Type
03/02/2021
Swiss Re Swiss Re
The partnership will advance flood risk management, assist disaster response and speed up claims payments globally. Advance Swiss Re’s natural catastrophe services by enabling early warning systems and near real-time flood monitoring built on ICEYE’s flood monitoring capabilities with radar satellite imaging.
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Confirmed by Swiss Re
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Date Investors Type Amount
12/19/2024 Solidium Oy Solidium Oy , BlackRock BlackRock , Seraphim Capital Seraphim Capital , Plio Limited Plio Limited , Christo Georgiev Christo Georgiev (5)
Post-money valuation of
The extension funding will be used to further develop its SAR satellite constellation, its intelligence, surveillance, and reconnaissance (ISR) platform, and related systems. The funding was a mix of debt and equity instruments, the exact breakdown was not disclosed.
 Growth Equity $65,000,000
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