How Much Did LeoLabs Raise? Funding & Key Investors

Date August 23, 2025
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LeoLabs

COMPANY INFO

LeoLabs, Inc. was founded in 2016 by Dan Ceperley, Ed Lu, and John Buonocore. It is a private company with approximately 116 employees as of 2025, operating in the Aerospace and Defense industry. LeoLabs provides low Earth orbit mapping and space situational awareness services using radar technology to enable safe and sustainable space operations for commercial satellite operators, government regulators, and space agencies. The company's website is https://leolabs.space. (pitchbook.com, thespacereport.org, businessinsider.com, leolabs.space)

How Much Did LeoLabs, Inc. Raise? Funding & Rounds and Investors

LeoLabs, Inc. is a trailblazing company in the Defense and Space Manufacturing industry, founded in 2016 by Daniel Ceperley, Edward Lu, and John Buonocore. With a global workforce of approximately 116 employees as of 2025, the company is headquartered in Menlo Park, California. LeoLabs provides cutting-edge low Earth orbit mapping and advanced space situational awareness services. Utilizing proprietary radar technology, LeoLabs enables safe and sustainable space operations for commercial satellite operators, government agencies, and regulatory bodies. Its orbital intelligence platform is recognized for innovation and reliability across the space sector.

LeoLabs, Inc. funding has fueled the company’s rapid growth in a highly competitive aerospace market. Since its inception, LeoLabs investors have committed a total of $129 million over the course of four funding rounds. These rounds have supported the expansion of its global radar network, the scaling of its SaaS analytics platform, and the continuous development of novel space-tracking capabilities. The company’s funding strategy has focused on partnering with top-tier global venture capital firms and strategic industry players to advance its mission of providing persistent orbital intelligence and space traffic management infrastructure.

Funding Rounds

Series B - $29M - February 12, 2024

This Series B round aimed to scale LeoLabs’ existing technologies, develop new capabilities, and deepen global integrations for space domain awareness and advanced satellite operator services.

Series B - $65M - June 3, 2021

The June 2021 Series B round was pivotal for accelerating LeoLabs’ SaaS platform launch and expanding its global radar network, with a focus on tracking small debris and satellites in low Earth orbit.

Series A - $13M - July 26, 2018

LeoLabs used this Series A investment to further product development and expand its radar network and SaaS platform capabilities, laying the groundwork for commercial scalability.

Seed - $4M - February 27, 2017

Seed funding supported the initial launch and early development of LeoLabs’ radar tracking technology for low Earth orbit, setting the stage for further innovation.

Key Investors

GP Bullhound

A global technology advisory and investment firm, GP Bullhound led LeoLabs’ 2024 Series B round, providing capital to accelerate technology scaling and global outreach.

Dolby Family Ventures

As a major participant in the most recent Series B round, Dolby Family Ventures brings expertise in technology investments and strategic guidance to LeoLabs’ funding strategy.

Insight Partners

A premier global venture capital and private equity firm, Insight Partners was a leading investor in the 2021 Series B, offering deep expertise in SaaS scaling and international market entry.

Velvet Sea Ventures

Velvet Sea Ventures, another key LeoLabs investor in 2021, added growth capital and supported the expansion of the company’s radar infrastructure.

WERU Investment Co

WERU Investment Co played a major role as a lead investor in the Series A round, helping establish LeoLabs’ early growth foundation.

Airbus Ventures

With investments at both the seed and Series A stages, Airbus Ventures was instrumental in supporting LeoLabs’ technology development and aerospace integration.

Horizons Ventures

As a seed round leader, Horizons Ventures enabled the initial deployment of LeoLabs’ signature radar technology.

Dylan Taylor

Dylan Taylor, a notable space industry investor, reinforced LeoLabs’ investment syndicate with industry expertise and network connections.

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