Xoople lands $130M to scale “Earth’s system of record”
Xoople, a Madrid-based earth intelligence startup founded in 2019 by Fabrizio Pirondini and Álvaro Coronado Cid, has raised $130 million in a Series B round as it bets that AI-driven demand will reshape the Earth observation market.
The round was led by Nazca Capital, with participation from MCH Private Equity, CDTI, Buenavista Equity Partners, and Endeavor Catalyst. The company said the financing brings total capital raised to $225 million, positioning it as the best-funded player in what it calls the Earth data infrastructure category.
From images to continuous, machine-ready data
Earth observation has long been constrained by slow refresh rates, analyst-heavy workflows, and lengthy procurement cycles—factors that can make satellite imagery easier to market than to monetize. Xoople argues the next phase of AI will require reliable, real-time “ground-truth” data that machines can use directly for decision-making across supply chains, infrastructure monitoring, agricultural forecasting, and disaster response.
After years of development largely in stealth, the company says it has built a continuous, AI-ready data layer designed for machine learning rather than retrofitting traditional imagery pipelines. Pirondini said the company plans to begin commercialization in Q2.
Enterprise integrations first, hardware next
Unlike rivals such as Planet Labs and BlackSky that emphasized spacecraft early, Xoople says it prioritized integration into enterprise and government workflows, connecting its platform to Microsoft and Esri systems and leveraging government satellite data during product development. It says early users include Fortune 500 companies and government agencies.
The new funding will support the company’s hardware phase. Xoople also announced an agreement with L3Harris to build sensors for its planned satellite network, claiming the resulting data could be 100x more precise than current commercial offerings—a performance target yet to be validated in orbit.
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