ITHACA, NY, MARCH 21, 2022 (Ursa Space PR) – Ursa Space, the global satellite intelligence infrastructure company, announced the first close of its Series C Round with $16 million in funding led by Dorilton Ventures. Existing investors who participated in the round included Razor’s Edge Ventures, RRE Ventures, Paladin Capital Group, and others.

Ursa Space will use the new investment to respond to a significant increase in customer demand for automated, scalable, analysis-ready satellite data. It will also expand its field sales organization to support newly emerging markets for earth observation data such as supply chain optimization, logistics, and insurance.