{"id":884,"date":"2024-11-27T16:55:47","date_gmt":"2024-11-27T16:55:47","guid":{"rendered":"https:\/\/www.techsparx.co.uk\/south\/?p=884"},"modified":"2024-11-27T16:55:49","modified_gmt":"2024-11-27T16:55:49","slug":"satvu-heats-up-with-10m-funding-boost-for-climate-tech","status":"publish","type":"post","link":"http:\/\/www.techsparx.co.uk\/south\/investment\/satvu-heats-up-with-10m-funding-boost-for-climate-tech\/","title":{"rendered":"SatVu heats up with \u00a310M funding boost for climate tech"},"content":{"rendered":"\n<p>London-based climate tech firm SatVu is set to announce a \u00a310m funding round this week, alongside a \u00a310m insurance payout.<\/p>\n\n\n\n<p>The fresh investment, led by Molten Ventures and Adara Ventures, will accelerate SatVu&#8217;s mission to provide detailed carbon emissions data to industrial customers. Adara&#8217;s investment marks the inaugural deployment of its new energy fund, focused on pioneering clean energy technologies.<\/p>\n\n\n\n<p>SatVu&#8217;s innovative thermal imaging technology enables it to monitor heat loss from buildings globally, providing valuable insights for sectors such as construction and defence. The company&#8217;s first satellite constellation, launched in June 2023 with SpaceX, has already begun collecting critical data.<\/p>\n\n\n\n<p>The additional funding will support the launch of two more satellites next year, further expanding SatVu&#8217;s capabilities and solidifying its position as a leading player in climate technology.<\/p>\n\n\n\n<p>Anthony Baker, co-founder and chief executive of SatVu, said the new funding would accelerate the company&#8217;s ability &#8220;to deliver unparalleled thermal insights that empower industries and governments to take decisive climate action&#8221;.<\/p>\n\n\n\n<p>He claimed: &#8220;The launch of HotSat-2 and HotSat-3 will bring us closer to a net-zero future by providing the data needed to address the most pressing environmental and energy challenges of our time.&#8221;<\/p>\n\n\n\n<p>This story originally appeared on Sky News: https:\/\/news.sky.com\/story\/climate-tech-specialist-satvu-hots-up-with-10m-funding-round-13261607<\/p>\n\n\n\n<p>Image source: SatVu<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London-based climate tech firm SatVu is set to announce a \u00a310m funding round this week, alongside a \u00a310m insurance payout. The fresh investment, led by Molten Ventures and Adara Ventures, will accelerate SatVu&#8217;s mission to provide detailed carbon emissions data to industrial customers. Adara&#8217;s investment marks the inaugural deployment of its new energy fund, focused [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[209],"tags":[119],"class_list":["post-884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","tag-london"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SatVu heats up with \u00a310M funding boost for climate tech - Regional technology news - South - TechSparx - Business technology stories in the South<\/title>\n<meta name=\"description\" content=\"Climate tech company SatVu secures \u00a310m to accelerate detailed carbon emissions data, fuel new satellite launches and enhance the company&#039;s global impact.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.techsparx.co.uk\/south\/investment\/satvu-heats-up-with-10m-funding-boost-for-climate-tech\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SatVu heats up with \u00a310M funding boost for climate tech - 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