Bold Capital Partners, founded by entrepreneur Peter Diamandis of XPRIZE and Singularity University, led the round, with participation from USAA, Climate Capital, Gaingels, and River Park Ventures, joined by existing investors Crosslink Capital, Third Sphere, Draper Associates, and others.

Near Space Labs is the leader in stratospheric remote sensing, providing high-resolution, frequently updated aerial imagery through its nationwide network of Swift robots. Near Space Labs' platform delivers unmatched 7cm resolution imagery that revolutionizes how organizations monitor and respond to our changing world. The company's private market focus has enabled it to build sustainable technology that meets the needs of commercial clients while reducing reliance on federal funding.