The financing was led by Lince Capital, Explorer Investments, and Armilar Venture Partners.
The Series C saw support Prysm Capital, Eurazeo, Andreessen Horowitz, Base10 Partners, and Y Combinator.
ICEYE secures backing from the newly launched Scaleup Europe Fund as the EU-backed vehicle begins deploying capital into European scaleups.
Meet startups and scaleups from Europe that closed funding rounds in July 2026.
The deal has been approved by both companies’ boards and is expected to close later in 2026, pending regulatory approval and other standard conditions.
The round was supported by Kima Ventures and Project Europe, alongside Purple, No Label Ventures, 100IN, and Station F Fund.
The new capital includes a $400 million Seed fund, a $900 million Venture fund, and an additional $700 million allocated to the firm's existing Growth fund.
The round was led by Fundomo, with participation from Arm, Hudson River Trading, and Reed Hastings.