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ConstellR
Space data and services company
- 21-100 employees
- B2B
- Sustainability
- Deep Tech
- Agriculture
- SaaS
- Wiehre, Freiburg im Breisgau, Germany
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Company mission
To advance understanding of the planet's ecosystems, enabling a more equitable and sustainable future governance of global resources.
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Our take
Efforts to increase the efficiency of agriculture are a staple of European sustainability efforts, but Constellr digs deeper than other agriculture monitoring companies in that it aims to save costs on the technology used to monitor farming, reducing it by up to 97%.
German-born Constellr uses thermal infrared microsatellites to monitor global land surface temperature (LST), analysing and diagnosing the right amount of water needed for optimum crop yields. With around 70% of the world’s freshwater used in agriculture, about 40% is wasted. Constellr’s savvy use of space technology for good could be a long-lasting and highly impactful solution, and its founder's backgrounds as environmental researchers add to the company’s credibility.
Awarded a significant 10 million euros in seed funding in November 2022, Constellr’s partners have included Lakestar and FTTF, among many others. The number of investors is unsurprising, with Constellr’s potential to save up to 2 trillion euros in agricultural water wastage by the end of the 2020s as much a moral motive as it is a financial one.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (last 2 of 5 rounds)
Jul 2023
$17.9m
SEED
Nov 2022
$10.6m
SEED
Total funding: $40.2m
Leadership
Max Guide
(CEO)Previously Research Associate at Fraunhofer Institute for High-Speed-Dynamics, Ernst-Mach-Institut and PhD Student at Georg-August-Universität Göttingen.
Previously Project Manager at Fraunhofer-Institut für Kurzzeitdynamik, Ernst-Mach-Institut, EMI, Student Consultant at MAN Truck & Bus SE.