Kepler Communications, a Toronto, Canada-based satellite communications company, raised $5M in seed funding.
The round was led by IA Ventures with participation from Techstars Ventures, Liquid 2 VC, SK Ventures, Zelkova Ventures, Plug & Play Ventures, V1 VC, Globalive Capital, and BDC. IA Ventures’ Brad Gillespie joined Kepler’s round in conjunction with the funding.
The company intends to use the funds to build its a satellite communications platform and sell it to early customers.
Led by CEO Mina Mitry, Kepler Communications is a satellite communications company that is working towards establishing an in-space telecommunications network for space-borne assets. Its space cell phone towers aim to resolve the problem of intermittent connectivity for non-geostationary satellites, open new business opportunities that necessitate real-time connectivity to satellites, and reduce reliance on difficult to deploy ground infrastructure.
FinSMEs
11/08/2016