Satellite Startup ICEYE Raises Funds at $2.8 Billion Valuation as Europe Boosts Defense

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ICEYE, a Finnish satellite developer with a number of defense contracts, has raised money at a €2.4 billion ($2.8 billion) valuation, capitalizing on the military spending boom across Europe. Venture firm General Catalyst led the financing round, which included €150 million in new equity and €50 million in a secondary sale for early investors, Iceye […]

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