Urban Sky, a Denver, CO-based stratospheric platform company, raised $30M in Series B funding.
The round was led by Altos Ventures, with participation from New Legacy Ventures, Lerer Hippeau, Catapult Ventures, Lavrock Ventures, New Stack Ventures, TenOneTen, DA Ventures, Union Labs VC, and Techstars.
The company intends to use the funds to develop and commercialize a connected suite of products that will improve the full value of the tactical stratosphere for military and commercial customers.
Led by CEO Andrew Antonio, Urban Sky provides products that enable routine and access to the stratosphere and the value locked within it. Its main product, the stratospheric Microballoon™ (mHAB), offers a long-duration, and controllable flight in the stratosphere. Its existing tech stack includes high-altitude balloons, custom stratospheric payloads, control software, and AI-derived forecasting and autonomous flight control systems. Collectively, these systems enable high-resolution, persistent data monitoring above vast areas for commercial applications like real-time wildfire monitoring. These same systems provide U.S. and allied defense users with what amounts to a “personally deployable satellite,” or a novel platform that offers tactical, asymmetric, long-dwell and deep-reach access to the high-altitude environment for communications and intelligence mission support.
FinSMEs
06/02/2025