ICEYE was founded by Rafal Modrzewski, Pekka Laurila in 2015.

Who are ICEYE's investors?

ICEYE's investors include Dnx Ventures, Draper Associates, FOUNDER.org, Gen Capital, General Catalyst, In-Q-Tel, Inception Fund, Lifeline Ventures and 12 more.

How much funding has ICEYE raised?

ICEYE has disclosed $1.1B raised across 1 round.

Where is ICEYE headquartered?

ICEYE is headquartered in Finland, FI.

ICEYE

Finland, FI · Founded 2015 · 1,084 employees on LinkedIn · 20 known investors

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ICEYE operates a satellite-based synthetic aperture radar (SAR) system that delivers persistent, real-time monitoring and damage assessment data globally. The company serves governments, insurers, and disaster response organizations seeking actionable intelligence for national security, natural disaster response, and risk evaluation.

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Founders & leadership

ICEYE was founded in 2015 by Rafal Modrzewski and Pekka Laurila.

Rafal Modrzewski FounderHe began his career as a researcher at VTT Technical Research Centre of Finland from 2010 to 2011, before co-founding the satellite company in 2012.

Pekka LaurilaFounderFounder at Iceye SAR satellite

Investors · 20

Dnx Ventureslisted by Dnx VenturesTokyo · $1M – $5M

How we know: the VCSheet dataset · Not right? Tell us

Draper Associateslisted by Draper AssociatesSan Mateo · $500K – $5M

How we know: Draper Associates's portfolio page · Not right? Tell us

FOUNDER.orglisted by FOUNDER.org$100K

How we know: FOUNDER.org's portfolio page · Not right? Tell us

Gen Capitallisted by Gen CapitalChicago

How we know: Gen Capital's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

General Catalystlisted by General CatalystSan Francisco · $30M

How we know: General Catalyst's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

In-Q-Tellisted by In-Q-TelTysons · $100K – $2.5M

How we know: In-Q-Tel's portfolio page · Not right? Tell us

Inception Fundlisted by Inception Fund$110K – $1.1M

How we know: Inception Fund's portfolio page · Not right? Tell us

Lifeline Ventureslisted by Lifeline VenturesHelsinki

How we know: Lifeline Ventures's portfolio page · funding news · the VCSheet dataset · Not right? Tell us

Molten Ventureslisted by Molten VenturesLondon · $2.5M – $63M

How we know: Molten Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

OTB Ventureslisted by OTB VenturesAmsterdam · $1.1M – $7.7M

How we know: OTB Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

Promus Ventureslisted by Promus VenturesChicago

How we know: Promus Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Seraphim Spacelisted by Seraphim SpaceLondon · $1.3M – $3.8M

How we know: Seraphim Space's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Space Capitallisted by Space CapitalNew York City

How we know: Space Capital's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

TCVlisted by TCVMenlo Park · $10M – $500M

How we know: TCV's portfolio page · funding news · Not right? Tell us

True Ventureslisted by True VenturesSan Francisco · $500K – $3M

How we know: True Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Draper EspritreportedLondon

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

La FamigliareportedBerlin

How we know: a partner's Signal profile · Not right? Tell us

Proxy VenturesreportedLondon

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Starlight VenturesreportedMiami · $100K – $3M

How we know: the VCSheet dataset · Not right? Tell us

Tesi (Finnish Industry Investment Ltd)reportedHelsinki · $5.4M – $16.2M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Funding

SEC filings, press & company announcements

$1.1B disclosed across 1 round · 2026

$1.1BraisedJun 2026 · 2 sources
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through ICEYE went on to found or lead other companies.

Michael BaumInvestor and Board MemberFounded Splunk Daniel FriedmannStrategic AdvisorFounded Sanctuary AI

Related companies · 6

EsaThe European Space Agency (ESA) is Europe's intergovernmental organization for space, carrying out missions and research across space science, technology, and applications. It supports the competitiveness of the European space industry through procurement, commercial opportunities, and collaboration with its Member States.

EsriEsri develops ArcGIS, a geospatial platform that enables organizations across industries to create digital twins, conduct spatial analysis, and optimize operations. The platform serves government agencies, retailers, consultants, and other enterprises seeking location-based intelligence and data-driven decision-making.

EosEOS Data Analytics provides AI-powered satellite intelligence by integrating data from its own EOS SAT-1 satellite and 20+ partner constellations to deliver earth observation insights across industries. The company serves businesses requiring data-driven decisions in agriculture, forestry, mining, water management, and environmental monitoring.

Planet LabsPlanet operates a web-geo platform that provides daily satellite imagery and foundational analytics of Earth's landmass for businesses, governments, and research institutions. The company serves customers across agriculture, defense, and other sectors seeking to monitor global change, scale operations, and mitigate risk through satellite data and APIs.

Capella SpaceCapella Space designs, builds, and operates synthetic aperture radar (SAR) satellite constellations that provide all-weather, day-and-night Earth observation imagery at sub-0.25m resolution. It offers an automated end-to-end tasking and data delivery platform serving defense and intelligence, maritime, disaster response, and infrastructure monitoring customers.

SkyFiSkyFi operates a platform that provides access to satellite imagery and Earth observation analytics from multiple providers through a single, user-friendly interface with transparent pricing. The platform serves commercial and government sectors across various industries needing geospatial insights for decision-making.

Companies working in the same space as ICEYE.

Frequently asked questions

What does ICEYE do?: ICEYE operates a satellite-based synthetic aperture radar (SAR) system that delivers persistent, real-time monitoring and damage assessment data globally. The company serves governments, insurers, and disaster response organizations seeking actionable intelligence for national security, natural disaster response, and risk evaluation.
Who founded ICEYE?: ICEYE was founded by Rafal Modrzewski, Pekka Laurila in 2015.
Who are ICEYE's investors?: ICEYE's investors include Dnx Ventures, Draper Associates, FOUNDER.org, Gen Capital, General Catalyst, In-Q-Tel, Inception Fund, Lifeline Ventures and 12 more.
How much funding has ICEYE raised?: ICEYE has disclosed $1.1B raised across 1 round.
Where is ICEYE headquartered?: ICEYE is headquartered in Finland, FI.