Photo: ICEYE
“Europe has the talent, technology, and ambition to build global leaders in strategically important industries. Our own journey is an example of this. I met Pekka Laurila, ICEYE’s other co-founder, when we were students on an Erasmus exchange, and we received our first funding through the Horizon 2020 program. We are grateful to the European Commission for its role in establishing the Scaleup Europe Fund. We are pleased to welcome EQT as a long-term partner through the fund. This will allow us to continue developing sovereign European intelligence capabilities for customers across Europe and around the world,” said Rafał Modrzewski, co-founder and CEO of ICEYE.
Completion of the transaction is subject to customary regulatory approvals and standard closing conditions.