{"id":52834,"date":"2023-08-30T20:00:27","date_gmt":"2023-08-30T12:00:27","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/satellite-software-company-reorbit-raises-7-4m-in-oversubscribed-seed-funding-round\/"},"modified":"2023-08-30T20:00:27","modified_gmt":"2023-08-30T12:00:27","slug":"satellite-software-company-reorbit-raises-7-4m-in-oversubscribed-seed-funding-round","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/satellite-software-company-reorbit-raises-7-4m-in-oversubscribed-seed-funding-round\/","title":{"rendered":"Satellite Software Company ReOrbit Raises $7.4M in Oversubscribed Seed Funding Round"},"content":{"rendered":"<\/p>\n<p>Satellite flight software provider <b>ReOrbit<\/b> raised $7.4 million in an oversubscribed seed funding round, the Helsinki-based company announced Wednesday. <b>Inventure VC<\/b> led the round, along with participation from <b>10xFounders<\/b>,<b> Icebreaker.vc<\/b>, <b>Expansion<\/b>, and <b>YesVC<\/b>.<\/p>\n<p>The company offers an onboard flight computer system, and software-defined satellite platforms for both Low-Earth Orbit (LEO) and Geostationary Orbit (GEO). Earlier this month, ReOrbit joined the European Space Agency\u2019s (ESA) high throughput optical network (HydRON) program as a space segment partner.&nbsp;&nbsp;<\/p>\n<p>ReOrbit said it is already profitable and has customers in government, institutional sectors and commercial satellite operators.<\/p>\n<p>CEO and founder Sethu Saveda Suvanam commented on the funding round: \u201cOur outstanding team is dedicated to delivering cutting-edge solutions that meet the highest global quality, security and operability standards. We can now accelerate our development strategy focusing on international expansion and products that make a difference. We have a very strong pipeline, and this funding will enable us to deliver multiple space systems.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Satellite flight software provider ReOrbit raised $7.4 million in an oversubscribed seed funding round, the Helsinki-based company announced Wednesday. Inventure VC led the round, along with participation from 10xFounders, Icebreaker.vc, Expansion, and YesVC. The company offers an onboard flight computer system, and software-defined satellite platforms for both Low-Earth Orbit (LEO) and Geostationary Orbit (GEO). Earlier [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":46814,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-52834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/52834"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=52834"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/52834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/46814"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=52834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=52834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=52834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}