Satellite-IoT startup Sateliot: We’re looking for $10M in pre-Series B, then $100M Series B in 2023

by Peter B. de Selding

KOUROU, French Guiana — Satellite IoT startup Sateliot of Spain has opened a solicitation for 10 million euros ($10 million) in convertible notes venture capital, business angel and family-office investors, with a minimum entry ticket of 500,000 euros.

Barcelona- and San Diego-based Sateliot, which raised 10 million euros earlier this year in A-round financing, said the latest investment call is a kickoff to a Series B round of 100 million euros to be sought in 2023.

Sateliot has scheduled for first of its cubesats . . .

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