ConstellR, a SpaceTech startup with a know-how that may displays land floor temperatures from area, has raised a €1m pre-seed spherical led by FTTF, with the participation of strategic investor OHB Enterprise Capital, Baden-Württemberg’s state financial institution L-Financial institution and an undisclosed investor. The primary system is due to enter orbit in December 2021. The corporate was a finalist for Hottest Ag/FoodTech Startup on the prestigious Europas Awards 2020.
The Freiburg, Germany-based startup displays the land through a constellation of 30 CubeSats with thermal infrared payloads. The info generated is utilized by farmers to cut back water and fertilizer utilization, and will assist them scale back present monitoring prices by 97%, says the corporate. ConstellR has a patent-pending miniaturization structure with ‘free-form optics’ and claims to have the ability to make it less expensive to watch the infrared a part of the spectrum than conventional satellite tv for pc techniques.
Dr. Max Gulde, CEO, ConstellR, mentioned: “Our mission is to watch each single subject on the planet each single day of the 12 months and supply precision farming firms with extremely correct temperature information to safeguard the world’s meals provide. With our robust monetary and know-how companions on board, I’m trying ahead to a time of quantum leaps in our constellation growth to vary agriculture on the worldwide planetary scale.”
Tobias Schwind, Managing Accomplice at FTTF, Fraunhofer’s Expertise Switch Fund, mentioned: “ConstellR’s distinctive know-how and enterprise case in addition to its passionate staff satisfied us to make this thrilling pre-seed funding.”