Groundcom has completed a seed investment round
Groundcom has successfully completed a fundraising round of US$1.7 million (€1.5 million), backed by a consortium of investors including Electron Capital Partners, Garage Angels and JIC Ventures. This investment reflects strong confidence in Groundcom’s vision and positions the company to advance its role in the global satellite communications ecosystem.
Groundcom develops and operates proprietary ground stations for communication with satellites in low Earth orbit (LEO). Its solutions are currently deployed across Europe, the Middle East and Africa. The company’s mission is to build a dense global network that eliminates the waiting time for satellites to pass over specific ground antennas.
Oaklins’ team in the Czech Republic acted as the sole transaction advisor to the founder.
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