Payloadspace: Esper Satellites Raises $3.1M Seed Round

28 Feb 2025 payloadspace.com

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https://payloadspace.com/esper-satellites-raises-3-1m-seed-round/

Esper Satellites, which is building hyperspectral imaging sats to detect mineral deposits on Earth, closed a $5M AUD ($3.1M) seed round to expand its operations on the ground and in orbit.

Two Australia-based firms—Hejaz Financial Services, which provides funding to Islamic founders, and VC fund Paspalis Capital—led the round, which the startup announced yesterday.

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