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December 5, 2025

Satellite startup Iceye hits €2.4bn valuation as it zeroes in on defence

Finnish startup working with defence primes and governments in countries like Finland and the Netherlands

Anne Sraders

2 min read

Finnish satellite startup Iceye has raised €200m in new funding led by mega US investor General Catalyst, bringing its total valuation to €2.4bn, the company announced Friday. 

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Anne Sraders

Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the VC industry and deeptech startups. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

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