SatVu Secures £20mn to Launch Next-Gen Thermal Imaging Satellites

British startup SatVu has raised £20 million to develop hyper-accurate thermal imaging satellites, including two new probes, HotSat-2 and HotSat-3, expected to launch next year. The funding comes from Spanish VC Adara Ventures and Molten Ventures. SatVu aims to enhance its technology, providing vital insights for climate action and various industries. The company has now raised a total of £64 million.