{"id":67543,"date":"2017-08-09T23:51:53","date_gmt":"2017-08-09T15:51:53","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/swiss-startup-else-has-completed-a-3-million-seed-round\/"},"modified":"2017-08-09T23:51:53","modified_gmt":"2017-08-09T15:51:53","slug":"swiss-startup-else-has-completed-a-3-million-seed-round","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/swiss-startup-else-has-completed-a-3-million-seed-round\/","title":{"rendered":"Swiss Startup Else Has Completed a $3 Million Seed Round"},"content":{"rendered":"<\/p>\n<p><strong>Else<\/strong> announced it has completed a $3 million seed round supported by <strong>Airbus Ventures<\/strong>, as well as numerous additional Swiss and internationally-based private investors. The seed round follows $3 million previously raised by the company in public support.<\/p>\n<p>Else is currently developing a network of Low Earth Orbit (LEO) nanosatellites named Astrocast that will provide Internet of Things (IoT) and Machine-to-Machine (M2M) services to global enterprises. The seed round will support Else\u2019s complete business operations through the company\u2019s planned demonstration mission expected in mid-2018, which will launch the first two nanosatellites into LEO.<\/p>\n<p>Else designed Astrocast to provide unlimited coverage across the planet, with no geographical limitations. The constellation will comprise a total of 64 nanosatellites projected to be in orbit by 2021. The satellites will collect data, which will be delivered to ground stations, then distributed for access by customers through a secure internet gateway.&nbsp;Else expects Astrocast to drive efficiencies and operational cost advantages across sectors that include retail, agriculture, automotive, transportation and logistics, utilities, maritime, oil and gas, among many others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Else announced it has completed a $3 million seed round supported by Airbus Ventures, as well as numerous additional Swiss and internationally-based private investors. The seed round follows $3 million previously raised by the company in public support. Else is currently developing a network of Low Earth Orbit (LEO) nanosatellites named Astrocast that will provide [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":67545,"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-67543","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\/67543"}],"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=67543"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/67543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/67545"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=67543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=67543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=67543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}