QuadSAT raises €2m in pre-series-A round led by Seraphim
Danish drone startup QuadSAT has raised тЌ2m in a pre-series-A investment round led by space-technology investorТ Seraphim Capital.
Danish state fund Vaekstfonden and angel investor Helge Munk also took part in the round. The investment round follows a €900,000 seed round at the start of 2019 from the same investors.
The latest funding will allow the startup to accelerate product testing and expand its research and development activity in the UK.
QuadSAT specialises in testing and measuring satellite antennas using drone and radio-frequency (RF) technology.
It plans to raise a series-A round within a year.
Company
Founded in 2017 and based in Odense, QuadSAT is a developer of mobile antenna testing systems, which use RF and drone technology, and mathematical algorithms to perform antenna performance tests. According to its LinkedIn page, it employs 11-50 staff.
People
QuadSAT – Joakim Espeland (CEO, co-founder); Andrian Buchi (chief technology officer, co-founder).
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