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

> 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.

Source: https://millionrounds.com/news/rounds/iceye-series-f-2026-08 (Millionrounds; every figure on the page links to its filing or article)

Raised **$1.2B** 2 sources reported it

Stage **Series F** 5 earlier rounds on record

Investors **2** 2 named as lead

Where **FI** Finland

Aerospace & Space Defence 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.

**#39** equity round of the last twelve months

**#2** Series F of 19 in that time

**#1** round 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

- [**Scaleup Europe Fund** 7 rounds in the last twelve months *Led*](https://millionrounds.com/fund/scaleup-europe-fund)
- [**EQT's Scaleup Europe Fund** 5 rounds in the last twelve months *Led*](https://millionrounds.com/fund/eqt-s-scaleup-europe-fund)

## Funding history

- August 2026 Series F **$1.2B**
- June 2026 Series F **$521M**
- December 2025 Series E **$175M**
- June 2025 Series F **$510M**
- May 2018 Series B **$34M**
- November 2015 Series A **$2.8M**

$2.4B raised across the 6 rounds we hold.

## Reported by

- TechStartups 5 August
- Generation Space 6 August

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

## Other big rounds that week

[**Firmus Technologies** $2.0B Growth](https://millionrounds.com/news/rounds/firmus-technologies-growth-round-2026-08)[**Lumilens** $700M Series C](https://millionrounds.com/news/rounds/lumilens-series-c-2026-08)[**Hadrian** $1.4B Growth](https://millionrounds.com/news/rounds/hadrian-growth-round-2026-08)[**Moove** $250M Series C](https://millionrounds.com/news/rounds/moove-series-c-2026-08)[**HappyRobot** $150M Series C](https://millionrounds.com/news/rounds/happyrobot-series-c-2026-08)[R **River Mobility** $120M Series C](https://millionrounds.com/news/rounds/river-mobility-series-c-2026-08)

[The company **ICEYE on Millionrounds** *→*](https://millionrounds.com/company/iceye)[Weekly roundup **Week of 3 August** *→*](https://millionrounds.com/news/weekly/2026-08-03)[Monthly roundup **August 2026** *→*](https://millionrounds.com/news/monthly/2026-08)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)