Space data companies have long advocated for the private sector’s need for their products, but government buyers have been the primary customers. However, a Spanish startup is aiming to change that narrative by positioning itself as the go-to source of ground truth for enterprises in the era of artificial intelligence.

Xoople, pronounced as “zoople,” is on a mission to develop a satellite constellation that will gather precise data tailored for deep learning models. Established in 2019, the startup has dedicated seven years to building its tech infrastructure around data sourced from government spacecraft and aligning with cloud service providers.

Recently, CEO and co-founder Fabrizio Pirondini disclosed that Xoople secured a $130 million Series B funding round led by Nazca Capital. The investment consortium also includes MCH Private Equity, CDTI, Buenavista Equity Partners, and Endeavor Catalyst.

In an exciting development, Xoople has partnered with U.S. space and defense contractor L3Harris Technologies to manufacture sensors for its spacecraft. These sensors are designed to capture data that surpasses existing monitoring systems by two orders of magnitude, according to Pirondini.

While details about the satellites remain confidential, Pirondini emphasized that the optical data collected by the sensors will be groundbreaking. The company is actively raising funds to support the full development of these advanced systems.

Despite declining to disclose the company’s valuation post-fundraising, Pirondini hinted that Xoople has entered the realm of unicorns with a total funding of $225 million. The startup’s sharp focus on data quality sets it apart from competitors in the industry, such as Vantor, Planet, BlackSky, and Airbus.