- Companies
- Sceye
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
SoftBank Group
KittyHawk
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jun 2025 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2025 | Series C | SoftBank Group (lead) | $15M | $540M | Sceye 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 2021 | Series B | KittyHawk (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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Sceye investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialSceye Competitors
Sceye competitors include listed companies like Intellian Technologies, Ovzon, Gilat Satellite Networks and Satellogic, and private ones like GalaxySpace and Xona.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $233M | $26M | $516M | 2.3x | ||
| Private | - | - | $433M | - | ||
| Publicly listed | $75M | $34M | $421M | 4.4x | ||
| Publicly listed | $452M | $45M | $766M | 1.3x | ||
| Publicly listed | $18M | $2M | $847M | 22.0x | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $532K | ($29M) | 798.3x | 432.7x | (14.8x) | (14.6x) | |||
| $2.4B | $271M | 1.0x | 1.0x | 9.2x | 8.2x | |||
| $233M | $26M | 2.7x | 2.3x | 23.8x | 14.8x | |||
| $2M | ($3M) | 188.0x | 165.6x | (167.2x) | (10.6x) | |||
| $180M | ($488M) | 3.1x | 3.1x | (1.1x) | (2.5x) | |||
| $72M | ($40M) | 5.5x | 5.1x | (9.9x) | (13.6x) | |||
| $24M | $20M | 21.0x | 28.2x | 25.7x | 124.5x | |||
| $385M | $38M | 1.3x | 1.4x | 13.6x | 10.2x | |||
This data is available for Pro users. Sign up to see all Sceye competitors and their valuation data. Start Free Trial | ||||||||
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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