SkyFi Raises $12.7 Million in Series A to Enhance Satellite Data Access and Analytics

SkyFi Secures $12.7 Million in Series A Funding

SkyFi, a pioneering platform in Earth intelligence powered by AI, has announced the successful closure of a $12.7 million Series A funding round. This investment, which saw significant interest and was oversubscribed, was co-led by Buoyant Ventures and IronGate Capital Advisors. Additionally, new investors such as DNV Ventures, TFX Ventures, Beyond Earth Tech, Nova Threshold, alongside existing investors RSquared VC and J2 Ventures, have joined the funding initiative. The funds will significantly boost SkyFi's capability to refine its platform's offerings, enhancing both the user interface and analytical tools it provides.

SkyFi, co-founded by Luke Fischer and Bill Perkins, aims to revolutionize access to geospatial imagery. The company has developed a robust network of over 50 partners that supply various imagery types including optical, synthetic aperture radar (SAR), hyperspectral, and aerial visuals. These capabilities serve a plethora of sectors, such as defense, finance, agriculture, energy, and infrastructure, allowing them to tap into actionable data analytics that facilitate informed decision-making.

Luke Fischer, the CEO, stated, “This funding underscores the rising demand for accessible Earth observation data. The intelligence from satellite imagery is crucial not just for military and defense applications, but also for commercial sectors. We aim to make these powerful insights accessible to all, enabling global customers to tackle critical issues in their domains.” He emphasized the growing opportunity presented by geospatial intelligence, which according to forecasts by the World Economic Forum, could generate economic value exceeding $700 billion by 2030.

The implications of the funding extend to expanding SkyFi’s alignment with satellite operators, which enhances their on-demand data offerings and AI integrated analytics capabilities. This movement meets the urgent needs of both governmental and commercial clients, ensuring they have timely access to the crucial data necessary for operational success and sustainability.

In 2025, SkyFi witnessed substantial growth, including the launch of tailor-made platforms with prominent satellite partners like Vantor (formerly Maxar Intelligence) and ICEYE, allowing for rapid access to high-resolution imagery and analytics. Furthermore, the firm has been selected for the NATO's Defence Innovation Accelerator for the North Atlantic (DIANA) Challenge Programme, a significant acknowledgment of its potential and capabilities among an impressive pool of contenders from over 3,600 applications.

SkyFi’s self-service Earth intelligence platform empowers users to run intricate geospatial analytics, manage satellite tasks, and access historical imagery without the need for extensive GIS expertise or staff. This democratic approach to Earth observation enables a diverse range of clients, from individual users to large organizations, to effectively manage their Earth observation projects through an intuitive web platform, a mobile application, or developer APIs.

With this fresh capital infusion, SkyFi is set to advance its mission of bridging the gap in accessible geospatial data, providing the tools and insights necessary for industries to address their unique challenges. Laura Katzman of Buoyant Ventures highlighted, “SkyFi is making significant strides in transforming access to geospatial data, which benefits sectors from energy to agriculture and even climate monitoring, making the platform indispensable.”

SkyFi's growth trajectory and ongoing innovations signal a bright future not only for the company itself but for the broader landscape of Earth observation data, paving the way for transformative advancements across various industries requiring reliable data analytics and satellite imagery.