To tackle this, the Germany-based Constellr satellite startup has now raised $10M in seed funding, co-led by Lakestar and VSquared, with participation from early and new supporters FTTF, IQT, Amathaon Capital, Natural Ventures, EIT Food, OHB Venture Capital, Next Humanity, and Seraphim. This space-based water monitoring system checks the Earth’s surface temperature and, soon, also it’s chemical composition. The platform will also look at water availability across the globe, daily. Constellr will use the cash to develop its first two satellites, which take measurements beyond the infrared wavelengths (8-14 microns) to calculate surface temperature and thus measure water distribution. The investment shows there is ongoing investment in space infrastructure coming out of Germany. Lakestar and Vsquared are also investors in space startup Isar Aerospace, showing that Europe is keeping pace with geographies like the US and China in an era when space sovereignty is more important than ever. Satellite startup Constellr wins backing to build out its water-monitoring platform by Mike Butcher originally published on TechCrunch
