ConstellR, a SpaceTech start-up with technology capable of monitoring earth surface temperatures from space, has raised a € 1 million pre-seed round led by FTTF, with the participation of the strategic investor OHB Venture Capital, Baden-Württemberg State Bank L-Bank and an undisclosed investor. The first system is due to enter orbit in December 2021. The company was a finalist for Hottest Ag / FoodTech Startup at the prestigious Europas Awards 2020.
The Freiburg, Germany-based startup is monitoring the field via a constellation of 30 CubeSats with thermal infrared payloads. The data generated is used by farmers to reduce water and fertilizer use, and could help them cut existing monitoring costs by 97%, the company says. ConstellR has a patent-pending miniaturization architecture with “free-form optics” and claims to be able to make monitoring the infrared portion of the spectrum much cheaper than traditional satellite systems.
Dr. Max Gulde, CEO of ConstellR, said: “Our mission is to monitor every field on the planet every day of the year and provide precision agricultural companies with very accurate temperature data to protect the global food supply. . With our strong financial and technological partners on board, I look forward to an era of quantum leaps in the development of our constellation to change agriculture on a global scale.
Tobias Schwind, Managing Partner of FTTF, Fraunhofer’s technology transfer fund, said: “ConstellR’s unique technology and business case and its passionate team have convinced us to make this exciting pre-seed investment.