Hydrosat has successfully raised $10 million in a Seed Round led by OTB Ventures to develop its thermal infrared satellite constellation, aimed at enhancing environmental monitoring capabilities amidst climate challenges.

Target Information

Hydrosat is a geospatial data and analytics company focused on creating a thermal infrared satellite constellation. Recently, the company announced a successful Seed Round which raised $10 million, increasing its total capital raised to over $15 million. This funding enables Hydrosat to enhance its capabilities to monitor water cycles and detect environmental stress caused by climate change.

The company initially emerged to address the critical need for monitoring water resources. Given the rising frequency of climate-related disasters, it's essential to implement effective technologies for water management and agricultural sustainability, particularly as governments gather for the United Nations COP26 Climate Change Conference.

Industry Overview

The satellite technology industry, particularly in the United States, is experiencing rapid growth and innovation, driven by the increasing demand for accurate geospatial data. As cl