Fleet Space Technologies, an Adelaide, Australia-based space exploration company, raised USD$100M in Series D funding, at USD$525M valuation.
The round was led by Teachers’ Venture Growth (TVG), and joined by existing investors Blackbird Ventures, Hostplus, Horizons Ventures, Artesian Venture Partners, and Alumni Ventures.
The company intends to use the funds to expand the capabilities of its global end-to-end exploration platform, ExoSphere, to accelerate the discovery of critical minerals needed for Earth’s clean energy future.
Led by Flavia Tata Nardini, and Matt Pearson, Fleet Space Technologies is a space exploration company dedicated to critical mineral discovery with its end-to-end mineral exploration solution, ExoSphere, which combines satellite connectivity, 3D multiphysics, and AI to image mineral systems in real-time. Over 40 exploration companies like Rio Tinto, Barrick Gold, and Core Lithium have used ExoSphere’s real-time 3D subsurface imaging on projects across five continents. Due to global demand for ExoSphere, Fleet Space’s international footprint has expanded to the US, Canada, Chile, and Luxembourg with over 130+ employees, representing 37 nationalities, worldwide.
FinSMEs
12/12/2024