SkyFi, an Austin-based startup, has raised US$12.7 million in a funding round to expand its platform that turns satellite images into actionable insights for businesses and researchers. The company operates a marketplace aggregating data from over 50 space-based imagery providers, offering high-resolution satellite imagery for agriculture, environmental monitoring, urban planning, and disaster response.
The platform allows users to search, purchase, and analyze satellite imagery without needing technical expertise, making space-based data more accessible to industries beyond traditional geospatial or defense sectors. SkyFi also provides tools for integrating satellite data into AI models and analytics pipelines, enabling predictive insights such as crop yield forecasts, deforestation tracking, and infrastructure monitoring.
The latest funding will support technology development, provider partnerships, and global expansion, according to SkyFi CEO. The startup is positioning itself as a key player in the growing Earth observation data market, which is projected to reach tens of billions of dollars as companies increasingly rely on satellite data for strategic decisions.
Investors cited the surge in demand for remote sensing data and the rise of AI-driven analytics as major drivers behind the investment. The company’s marketplace model reduces the complexity of licensing imagery directly from providers while giving users flexibility in selecting resolution, timeframes, and geographic coverage.
SkyFi competes with other geospatial data platforms like Planet Labs and Maxar, but its focus on ease of access and integration with analytics tools aims to differentiate it in a rapidly growing market.
