Spanish Space Startup Xoople Secures $130 Million to Build AI Focused Earth Observation Constellation

Spanish startup Xoople secures $130M Series B to build Earth observation satellites designed to provide ground truth data for enterprise AI models.

By: AXL Media

Published: Apr 7, 2026, 5:14 AM EDT

Source: Information for this report was sourced from TechCrunch

Targeting the Enterprise Market With Orbital Data

While the private space sector has historically relied on government contracts, Xoople is positioning itself as a primary data provider for the commercial artificial intelligence industry. Founded in 2019, the Spanish startup has spent several years refining its technology stack by utilizing data from government spacecraft and integrating its services with major cloud providers. CEO Fabrizio Pirondini indicates that the company’s new satellite constellation will focus on collecting precise information tailored for enterprise deep learning models, bridging the gap between raw satellite imagery and actionable business intelligence.

Strategic Financing and Unicorn Aspirations

The recent $130 million Series B round was led by Nazca Capital, with additional participation from MCH Private Equity, Buenavista Equity Partners, and the Spanish government backed tech fund CDTI. This latest injection brings Xoople’s total funding to $225 million. Although Pirondini declined to provide a specific valuation, he confirmed that the company has officially entered unicorn territory. This capital will be used to fund the high costs of satellite development and the deployment of a constellation intended to monitor Earth with significantly greater precision than existing systems.

Partnership With Defense Contractor L3Harris

In a major move to solidify its hardware capabilities, Xoople has entered into an agreement with U.S. defense and space contractor L3Harris Technologies. The partnership focuses on the construction of advanced optical sensors for Xoople’s future spacecraft. These sensors are expected to deliver a stream of data approximately two orders of magnitude superior to current monitoring capabilities. While specific details regarding the number of satellites or their technical specifications remain confidential, the collaboration with a premier imaging system manufacturer highlights the startup's commitment to high quality data acquisition.