Spain’s Xoople Secures $130M to Build AI Data Infrastructure for Understanding Earth

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Preview Spain’s Xoople Secures $130M to Build AI Data Infrastructure for Understanding Earth

Xoople, a geospatial data company founded in 2019 and headquartered in Madrid, Spain, has successfully completed a Series B funding round, raising an impressive $130 million. This significant investment, spearheaded by Nazca Capital, brings the company’s total funding to $225 million and propels its valuation into unicorn territory.

The latest funding round saw strong participation from co-investors including MCH Private Equity, CDTI (Spain’s government fund dedicated to technology development), Buenavista Equity Partners, and Endeavor. Xoople’s core mission is to develop the essential data infrastructure that artificial intelligence systems require to effectively interpret and comprehend our planet.