space tech startup constellr, which can monitor land surface temperatures, raises €1m pre-seed round
ConstellR Secures €1 Million Pre-Seed Funding for Space-Based Temperature Monitoring
ConstellR, an innovative space technology startup, has successfully closed a €1 million pre-seed funding round. The investment was spearheaded by FTTF, with significant contributions from OHB Venture Capital, L-Bank (Baden-Württemberg’s state bank), and an anonymous investor.
Launch and Recognition
The company’s inaugural system is scheduled for orbital deployment in December 2021. ConstellR was also recognized as a finalist for the Hottest Ag/FoodTech Startup award at the esteemed Europas Awards in 2020.
Monitoring Land with CubeSats
Based in Freiburg, Germany, ConstellR utilizes a planned constellation of 30 CubeSats. These satellites are equipped with thermal infrared payloads for comprehensive land monitoring.
The data collected is designed to empower farmers with the ability to optimize their use of water and fertilizer. ConstellR asserts that its technology can potentially reduce current monitoring expenses by as much as 97%.
Innovative Technology
The company has developed a patent-pending miniaturization architecture incorporating “free-form optics.” This allows for more affordable monitoring of the infrared spectrum compared to conventional satellite systems.
CEO Statement
Dr. Max Gulde, CEO of ConstellR, stated: “Our core objective is the daily monitoring of every agricultural field globally. We aim to deliver precise temperature data to precision farming companies, thereby bolstering global food security.”
He further added: “With the backing of our robust financial and technological partners, we anticipate substantial advancements in our constellation’s development, ultimately transforming agriculture on a worldwide scale.”
Investor Perspective
Tobias Schwind, managing partner at FTTF (Fraunhofer’s Technology Transfer Fund), commented: “ConstellR’s distinctive technology, compelling business model, and dedicated team were key factors in our decision to invest in this promising pre-seed round.”
He concluded: “We were thoroughly convinced by the potential of this exciting venture.”
Mike Butcher
Mike Butcher: A Profile of a Leading Tech Voice
Mike Butcher, M.B.E., is a highly respected figure in the technology landscape. Previously serving as Editor-at-large for TechCrunch, his journalistic background includes contributions to prominent UK newspapers and magazines.
Recognition and Influence
Wired UK has recognized Butcher as one of the most influential individuals shaping European technology. His insights are frequently sought after on global stages.
He has been a speaker at prestigious events such as the World Economic Forum, Web Summit, and DLD, sharing his expertise with diverse audiences.
High-Profile Interviews
Throughout his career, Mike Butcher has conducted interviews with a remarkable array of prominent figures.
These include former UK Prime Minister Tony Blair, Russia’s Dmitry Medvedev, actor Kevin Spacey, model Lily Cole, Telegram founder Pavel Durov, and Wikipedia’s Jimmy Wales, alongside numerous other technology innovators and celebrities.
Broadcasting and Advisory Roles
Butcher is a frequent commentator on technology trends, regularly appearing as a broadcaster on major news networks.
He has provided analysis and commentary for BBC News, Sky News, CNBC, Channel 4, Al Jazeera, and Bloomberg.
His expertise extends to policy advising, having consulted with UK Prime Ministers and the Mayor of London regarding strategies for tech startups.
Additional Achievements and Initiatives
Mike Butcher’s influence has been further acknowledged through accolades and his involvement in various initiatives.
- He was named one of the 100 Most Connected Men in the UK by GQ magazine.
- He co-founded TheEuropas.com, a platform showcasing the Top 100 European startups.
- He also established several non-profit organizations: Techfugees.com, TechVets.co, and Startup Coalition.
Honors and Awards
In 2016, Mike Butcher was awarded a Member of the Order of the British Empire (M.B.E.) in the Queen’s Birthday Honours list.
This recognition was granted for his significant contributions to both the UK technology industry and the field of journalism.