The Journal of Space Commerce

The Journal of Space Commerce

Albedo Raises $35 Million in Series 1-A Round

Company Plans to Commercialize Very Low Earth Orbit (VLEO)

Tom Patton's avatar
Tom Patton
Jan 30, 2024
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Albedo, a company offering aerial quality imagery from space has announced a $35 million Series A-1 financing round led by Standard Investments, bringing the company’s total funding to $97 million.

“The Series A-1 funding will be used to launch Albedo’s first operational satellite and accelerate constellation deployment."
Topher Haddad, Albedo

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