Sceye Valuation, Funding & Investors

Sceye is valued at $540M as of June 2025.

See full Sceye profile

Last Sceye valuation

$540M

Series C · Jun 2025

Last Sceye funding round

$15M

Series C · Jun 2025

Cumulative funding Sceye raised

$65M

across 2 funding rounds

Key investors in Sceye

Sceye Overview

About Sceye

Sceye is a Moriarty-headquartered aerospace firm developing hydrogen-free helium stratospheric airships for persistent earth observation and broadband connectivity. The platforms operate at 60,000 feet, supporting disaster response and telecom services from New Mexico facilities.


Founded

2014

HQ

United StatesAlbuquerque, NM

Website

sceye.com

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$540M (Jun 2025)

Sceye Valuation

Sceye is currently valued at $540M, based on its Series C in June 2025.

The $15M round was led by SoftBank Group.

Sceye valuation by funding round

Sceye valuation by funding round
DateStageValuation
Jun 2025Series C$540M

Sceye Funding History

Sceye has raised a total of $65M across 2 funding rounds.

Sceye's first fundraising round was a $50M Series B in August 2021. The most recent completed round was a $15M Series C in June 2025.

Sceye funding rounds

Sceye funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2025Series CSoftBank Group (lead)$15M$540MSceye is a U.S.-based aerospace company founded in 2014, developing lighter-than-air high-altitude platform systems (HAPS) for stratospheric connectivity, climate monitoring, and disaster response. The company has conducted over 20 successful flights and partners with federal, state, and commercial entities to bridge terrestrial and space infrastructure. On June 26, 2025, SoftBank Corp. made a strategic equity investment of $15 million in Sceye as part of its Series C funding round, closing at a pre-money valuation of $525 million. SoftBank secured exclusive rights to deploy Sceye's HAPS technology in Japan, planning pre-commercial telecommunications services by 2026, including a test flight in 2026 for broadband in remote areas and disaster recovery. Sceye's platforms enable persistent stratospheric coverage with low latency and high bandwidth, outperforming satellites for certain applications like UAV support and 6G networks. The investment accelerates commercialization, building on demonstrations such as a 2024 flight maintaining position for over 24 hours.
Aug 2021Series BKittyHawk (lead)$50M-Sceye is a U.S. aerospace company developing high-altitude platform systems (HAPS) for stratospheric operations, focusing on connectivity, remote sensing, earth observation, environmental monitoring, and tracking greenhouse gas emissions in real time. The company collaborates with businesses, governments, and academia to provide persistent imaging and data collection services with high-resolution payloads. Founded in 2014 and headquartered in Moriarty, New Mexico, Sceye plans a commercial launch in 2025. Sceye has raised significant total funding across multiple rounds, with cumulative amounts reported as $212.5 million or $293.78 million, including later Series C extensions. Investors have included Boost VC, Mawarid Holding Investment, and SoftBank Corp in later investments.

Who has invested in Sceye?

2 investors have backed Sceye across its funding rounds, including SoftBank Group and KittyHawk.

Lead investors include SoftBank Group and KittyHawk.


Sceye Investors

Investors in Sceye by funding rounds participated
InvestorHQRoundsRoleFirst check

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Sceye Competitors

Sceye competitors include listed companies like Intellian Technologies, Ovzon, Gilat Satellite Networks and Satellogic, and private ones like GalaxySpace and Xona.

Public and private companies comparable to Sceye
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Intellian TechnologiesSouth KoreaSouth KoreaPublicly listed$233M$26M$516M2.3x
GalaxySpaceChinaBeijingPrivate--$433M-
OvzonSwedenSwedenPublicly listed$75M$34M$421M4.4x
Gilat Satellite NetworksUnited StatesUnited StatesPublicly listed$452M$45M$766M1.3x
SatellogicUnited StatesUnited StatesPublicly listed$18M$2M$847M22.0x
XonaUnited StatesSan Francisco, CAPrivate--$201M-

Sceye Public Comps

Sceye is still privately-owned, but its public comps include Alpha HPA, HS Hyosung Advanced, Intellian Technologies, REalloys, Gemini Space Station, Spire Global, QPS Holdings, Luxfer Holdings, Veken Technology Co and Aspen Aerogels.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Alpha HPA$532K($29M)798.3x432.7x(14.8x)(14.6x)
HS Hyosung Advanced$2.4B$271M1.0x1.0x9.2x8.2x
Intellian Technologies$233M$26M2.7x2.3x23.8x14.8x
REalloys$2M($3M)188.0x165.6x(167.2x)(10.6x)
Gemini Space Station$180M($488M)3.1x3.1x(1.1x)(2.5x)
Spire Global$72M($40M)5.5x5.1x(9.9x)(13.6x)
QPS Holdings$24M$20M21.0x28.2x25.7x124.5x
Luxfer Holdings$385M$38M1.3x1.4x13.6x10.2x

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Common questions about Sceye

When was Sceye founded?Sceye was founded in 2014.
Where is Sceye headquartered?Sceye is headquartered in Albuquerque, NM, United States.
Is Sceye publicly listed?No, Sceye is a private, VC-backed company.
What is Sceye's valuation?Sceye was last valued at $540M in its Series C in June 2025.
How much funding has Sceye raised?Sceye has raised $65M across 2 funding rounds.
What was Sceye's last funding round?Sceye's last funding round was a $15M Series C in June 2025, led by SoftBank Group.
Who are Sceye's investors?Sceye's investors include SoftBank Group and KittyHawk.
Which companies are comparable to Sceye?Companies comparable to Sceye include Intellian Technologies, GalaxySpace, Ovzon, Gilat Satellite Networks, Satellogic and Xona.

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