🦄 Unicorner Startup of the Week: Albedo
✍️ Notes From The Editors
We have two announcements to share this week.
First, we’ve rescheduled our founder and investor happy hour in San Francisco to this Friday, February 24. We’re bringing together the coolest folks in the bay. Sign up here.
Second, today’s article was written by Jeremy Baum, who’s majoring in Computer Science and Linguistics at UCLA. He’d love to connect with the Unicorner community! Check him out here. We’re excited to have him on board!
- Ethan and Arek 🦄
📖 Read Recommendation
According to Crunchbase, women's health is one of the hottest areas to watch in 2023 and beyond. Femtech Insider's weekly newsletter helps industry experts & investors stay up to date on the latest developments in the world of femtech and women's health innovation.
Startups, Funds, Deals, Launches, Analysis: Subscribe for free today.
Have a cool newsletter you'd like us to share? Reply and let us know!
Aerial quality imagery from space
Albedo aims to create and operate satellites that have 9x higher resolution than what is on the market today. It’s also modernizing the satellite imagery process, using cloud computing to fuel real-time access to its data.
🔗 Check it out: albedo.com
💰 Business Model
Albedo is available to people and businesses that want to view the highest quality satellite imagery with delivery within hours. Customers will pay $35/square km, with a minimum of 25 km.
📈 Traction and Fundraising
  • Raised $48 million Series A round with investors like Jetstream, Shield Capital, Liquid 2 Ventures, Initialized Capital, and more
  • Took part in Y Combinator’s Winter 21 batch
  • Participated in the 2022 AWS Space Accelerator
👫 Founders
  • Topher Haddad, CEO: Previously Sr. Systems Engineer @ Lockheed Martin, Electrical and Computer Engineering MS @ Johns Hopkins, Mechanical Engineering BS @ UT Austin
  • AyJay Lasater, CTO: Previously Systems Architecture Manager @ Lockheed Martin, Mechatronics Systems Engineering MS @ University of Denver, Mechanical Engineering BS @ Colorado School of Mines
  • Winston Tri, CPO: Previously Software Engineer @ Meta, iOS and Backend Developer @ bthere, Co-Founder @ Ping Social, Mechanical Engineering @ UT Austin
💼 Opportunities
🔮 Our Analysis
Satellite imagery capability dictates the effectiveness of a lot of behind-the-scenes work in many industries. Wildfire prevention, wildlife preservation, agriculture, digital mapping, urban planning, and insurance (damage assessment) are just a few areas where higher-definition and easily accessible satellite imagery can be key. That’s where Albedo comes in: Albedo is selling easily accessible 10-centimeter-per-pixel imagery, with added capabilities of thermal and moisture imaging, facilitated by its low-orbit satellites. Typical competitors who sell HD satellite imagery have resolutions of 30 to 70 cm per pixel. Albedo’s other advantage is its on-demand delivery, as it takes just hours for Albedo to deliver images using AWS cloud computing services. Competitors offer on-demand delivery, but not to the level of image quality offered by Albedo’s services. Albedo’s customer-centric approach expands to its low-commitment needed model, as all orders are assessed at a standard price per km (with a minimum of 25 km ordered). With Albedo’s imagery competing with normal aerial photography as opposed to typical satellite imagery, it’ll be extremely interesting to keep an eye on it as it grows, launches satellites, and raises capital.
📚 Further Reading
If you enjoyed today's article, forward this email to a friend!
If you're just seeing this email now, subscribe here.
Made with 💜 by the Unicorner Team 🦄
💰 Bonus Content
From Bing to Sydney. The Stratechery blog dives into the question of sentience in artificial intelligence, and the recent odd conversations folks have been having with Bing's new chatbot, Sydney.
This email was sent to
You received this email because you signed up with Unicorner.