Albedo raises $35 million Series A-1 led by Standard Investments
Albedo raised a $35 million Series A-1 round led by Standard Investments to launch its first operational satellite and accelerate constellation deployment.
Evidence notes
- The financing brought Albedo's total funding to $97 million.
- Booz Allen Ventures, Cubit Capital, Bill Perkins, Breakthrough Energy Ventures, Shield Capital, Initialized Capital and Y Combinator participated.
- The capital supports commercial automation and autonomous-system workflows as Albedo moves from product development toward broader commercial use.
Company context
Denver developer of very-low-Earth-orbit spacecraft and turnkey missions.