Urban Sky, a Denver, CO-based stratospheric platform firm, raised $30M in Collection B funding.
The spherical was led by Altos Ventures, with participation from New Legacy Ventures, Lerer Hippeau, Catapult Ventures, Lavrock Ventures, New Stack Ventures, TenOneTen, DA Ventures, Union Labs VC, and Techstars.
The corporate intends to make use of the funds to develop and commercialize a related suite of merchandise that may enhance the total worth of the tactical stratosphere for army and business prospects.
Led by CEO Andrew Antonio, City Sky gives merchandise that allow routine and entry to the stratosphere and the worth locked inside it. Its fundamental product, the stratospheric Microballoon™ (mHAB), affords a long-duration, and controllable flight within the stratosphere. Its current tech stack contains high-altitude balloons, customized stratospheric payloads, management software program, and AI-derived forecasting and autonomous flight management programs. Collectively, these programs allow high-resolution, persistent knowledge monitoring above huge areas for business functions like real-time wildfire monitoring. These similar programs present U.S. and allied protection customers with what quantities to a “personally deployable satellite tv for pc,” or a novel platform that provides tactical, uneven, long-dwell and deep-reach entry to the high-altitude atmosphere for communications and intelligence mission assist.
FinSMEs
06/02/2025
