Big round · 5 August 2026

ICEYE raises $1.2B Series F led by Scaleup Europe Fund

By Millionrounds ResearchPublished 16 September 2026

ICEYE, based in Finland, has raised $1.2B in a Series F led by Scaleup Europe Fund and EQT's Scaleup Europe Fund, announced on 5 August 2026. It is the 39th largest equity round we recorded in the twelve months to that date, and the 2nd largest Series F of 19. The median Series F over the same period was $300M, so this one is 3.9 times that. Its previous round on record was a Series F of $521M in June 2026, 2 months earlier.

Raised$1.2B2 sources reported it
StageSeries F5 earlier rounds on record
Investors22 named as lead
Where FIFinland

Aerospace & SpaceDefence Tech

How big is it?

Against every equity round we recorded in the twelve months to 5 August 2026. Ranks count companies, so the same raise reported twice is counted once.

#39equity round of the last twelve months
#2Series F of 19 in that time
#1round in Finland, of 19
This round$1.2B
Median Series F$300M

3.9 times the median Series F of the last twelve months.

Who invested

Funding history

  1. August 2026Series F$1.2B
  2. June 2026Series F$521M
  3. December 2025Series E$175M
  4. June 2025Series F$510M
  5. May 2018Series B$34M
  6. November 2015Series A$2.8M

$2.4B raised across the 6 rounds we hold.

Reported by

  1. TechStartups5 August
  2. Generation Space6 August

The round's figures come from these reports; each link opens the original.

Other big rounds that week

Firmus Technologies$2.0B GrowthLumilens$700M Series CHadrian$1.4B GrowthMoove$250M Series CHappyRobot$150M Series CRRiver Mobility$120M Series C
The companyICEYE on Millionrounds→Weekly roundupWeek of 3 August→Monthly roundupAugust 2026→