Albedo is a United States-based startup founded in 2020. It specializes in capturing aerial-quality imagery from Very Low Earth Orbit (VLEO) through the development of low-flying satellites. The company's mission is to make globally available, high-resolution visible and thermal imagery easily accessible and transparent to task, thereby catalyzing market growth and enabling new applications in various industries. With its 10cm visible and 2m thermal imagery, Albedo aims to provide valuable insights for sectors including mapping, insurance, utilities, solar, agriculture, carbon offsets, infrastructure sustainability, national security, and more. The most recent milestone for Albedo was its $35.00M Series A investment on 23 January 2024. This round of funding was backed by a consortium of notable investors, including Y Combinator, Initialized Capital, Breakthrough Energy Ventures, Giant Step Capital, Shield Capital, Cubit Capital, Republic capital, Booz Allen Ventures, and William O. Perkins, III. The diverse range of investors reflects the widespread interest and support for Albedo's innovative pursuits. The company operates at the intersection of Big Data and Manufacturing, positioning itself to deliver valuable insights and solutions in an evolving technological landscape. As it continues to leverage its unique capabilities, Albedo is poised to make a significant impact in the realm of aerial-quality imagery and its applications across various industries.
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