Space Impulse Brief:
- OurSky has closed US $9.5 million in seed funding led by Upfront Ventures and Venrex Investment Management alongside Oceans Ventures, Marlinspike Partners, and Embedded Ventures.
- The Los Angeles-based startup provides real-time observational data and analysis of objects and activities in space via its software platform and global array of telescopes.
- OurSky is on track to become the largest telescope network in the world, making the cosmos more accessible than ever before.
PRESS RELEASE — Los Angeles / December 6, 2023 — OurSky, a developer platform for space data applications, today announced that it has closed $9.5 million in seed funding led by Upfront Ventures and Venrex Investment Management alongside Oceans Ventures, Marlinspike Partners, and Embedded Ventures.
“By making space observational data and analysis more accessible, OurSky addresses the escalating demand for space-based insights necessary for navigating the emerging challenges and opportunities of the new space age,” said Dan Roelker, CEO and Co-founder of OurSky. “We aim to unleash an entire ecosystem of developers to help unlock a new trillion-dollar space economy over the next decade.”
“It is a national security imperative for the US government to leverage the innovation of venture-funded technologies in this new space race, and OurSky is building some of the foundational software and infrastructure that will empower the builders of new companies and applications in space,” said Mandy Vaughn, CEO of GXO, Inc. and space industry veteran.
“The OurSky team has the experience and vision to bring a transformative product to the aerospace industry,” said Nick Kim, Partner at Upfront Ventures. “Space companies are launching new capabilities faster than ever before, and builders in the new space ecosystem need a modern data platform that can keep up. I look forward to seeing the impact the OurSky platform will have in defense, space operations, and our understanding of the universe.”