The funding round includes spacetech investor Christian Federspiel, Ananda Impact Ventures, Pi-Labs, E2MC and Antler. With the fresh capital, Airmo plans to expand its team and work on sending its first satellite to space by the end of 2024 or beginning of 2025. The satellites of the company, founded in 2022, equipped with spectrometer and lidar technology, will then be able to detect and measure greenhouse gases in real time. And much more accurately than ESA and NASA currently do.
Harriet von Kügelgen, one of the founders, says in an interview with Tech Funding News (TFN):
“Our satellite is to be the first of a total of twelve units. We are currently working at full speed on the development. It’s going well and we can hardly wait to send the first satellite.”
One of the investors, Alan Poensgen from Antler, adds:
“Airmo’s experienced and impressive founding team has developed outstanding technology that tackles the world’s greatest challenge – climate change. Airmo could completely change the way we measure and reduce emissions, and this funding round demonstrates Airmo’s growth potential.”
