ConstellR , a SpaceTech startup with a technology that can monitors land surface temperatures from space, has raised a €1m pre-seed round led by FTTF, with the participation of strategic investor OHB Venture Capital, Baden-Württemberg’s state bank L-Bank and an undisclosed investor. The first system is due to go into orbit in December 2021. The company was a finalist for Hottest Ag/FoodTech Startup at the prestigious < a href="http://theeuropas.com"> Europas Awards 2020 .
The Freiburg, Germany-based start-up monitors the land via a constellation of 30 CubeSats with cold weather infrared payloads. The data generated is commonly employed by farmers to reduce water but fertilizer usage, and could help them relieve existing monitoring costs by 97%, says the company. ConstellR has a patent-pending miniaturization architecture with ‘free-form optics’ and claims to be able to make it cheaper to monitor the infrared part of the distribution than traditional satellite systems.
Dr . Max Gulde, PRESIDENT, ConstellR, said: “Our mission can be monitor every single field on the planet day-after-day of the year and provide precision gardening companies with highly accurate heat range data to safeguard the world’s food. With our strong financial and modern advances partners on board, I am looking forward to a moments of quantum leaps in our constellation positive change to change agriculture on the global planetary scale. ”
Tobias Schwind, Managing Other half at FTTF, Fraunhofer’s Technology Pass Fund, said: “ConstellR’s unique engineering, technological innovation and business case as well as our passionate team convinced us to provide this exciting pre-seed investment. ”
