Xoople, a space data company developing satellite-driven datasets for artificial intelligence applications, has raised $130 million in a Series B round led by Nazca Capital.
The round also included participation from MCH Private Equity, CDTI, Buenavista Equity Partners, and Endeavor Catalyst. The funding will support the company’s ambition to create high-precision Earth data systems designed to power enterprise AI models.
What The Company Does
Founded in 2019, Xoople is developing a satellite constellation aimed at producing high-quality geospatial data tailored for machine learning and deep learning applications. The company’s approach focuses on generating “ground truth” datasets that can improve the accuracy and reliability of AI systems across industries.
Its platform integrates satellite-derived data with cloud ecosystems, enabling enterprises to embed geospatial intelligence directly into their operations. Rather than operating solely as a data provider, Xoople is positioning itself as an infrastructure layer that connects Earth observation data with enterprise software environments.
As part of its technical development, the company has partnered with L3Harris Technologies to manufacture optical sensors for its satellites. These systems are designed to capture data at significantly higher precision than existing monitoring technologies, supporting advanced analytical use cases.
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Market Context / Industry Background
The Earth observation sector has historically relied on government demand, with public agencies leading adoption of satellite data. However, the rise of artificial intelligence is shifting this dynamic, as private enterprises increasingly require high-quality datasets to train and validate models.
Xoople enters a competitive landscape that includes established players such as Planet Labs, BlackSky, and Airbus, all of which already operate satellite constellations and provide commercial data services.
What differentiates Xoople is its focus on enterprise integration. Instead of prioritizing standalone data sales, the company is embedding its capabilities into widely used platforms such as Microsoft and Esri, where many corporate and government users already manage geospatial workflows.
Founder / Investor Commentary
Chief Executive Officer Fabrizio Pirondini described the company’s strategy as building a foundational data layer for AI-driven decision-making. He emphasized that the goal is to integrate Xoople’s data directly into existing ecosystems, allowing partners to deliver services to their own customers without additional complexity.
External observers note that this approach introduces a different sequencing strategy compared to competitors. Aravind Ravichandran highlighted that Xoople has prioritized distribution channels before fully deploying its proprietary data infrastructure. He pointed out that integrating into dominant enterprise platforms positions the company within existing demand flows, although it will ultimately be benchmarked against leading geospatial AI initiatives.
Pirondini also outlined a longer-term vision of building what he described as “Earth’s System of Record,” aiming to create a comprehensive AI-compatible model of the planet through partnerships and continuous data integration.
Growth Plans / Use Of Funds
The Series B funding will be used to advance satellite development, including the production and deployment of sensor systems, as well as to expand Xoople’s data infrastructure. The company continues to invest in building its proprietary constellation while maintaining integrations with existing public datasets, such as those provided by European Space Agency missions.
Additionally, the capital will support scaling enterprise partnerships, enhancing cloud integrations, and developing AI-ready datasets tailored to sectors such as infrastructure monitoring, agriculture, logistics, and disaster response.
With total funding now reaching approximately $225 million, Xoople is positioning itself to transition from a platform built on third-party data toward a vertically integrated provider of proprietary Earth observation intelligence.
About Xoople
Xoople is a Spain-based space data company focused on building AI-ready geospatial intelligence platforms. Founded in 2019, the company develops satellite systems and data infrastructure designed to deliver high-precision Earth observation data for enterprise and government use. Its mission is to create a foundational data layer for artificial intelligence applications across industries.
