Urban Sky, a stratospheric technology and remote sensing company, announced an over-subscribed $9.75 million Series A financing round co-led by New Legacy Ventures, Lerer Hippeau and Lavrock Ventures, with participation from Catapult Ventures, Union Labs VC, DA Ventures, and TenOneTen Ventures.

Urban Sky's technology enables broad-area, high-resolution remote sensing at data acquisition costs significantly less than all other aerial platforms. The company invented the Microballoon™, the first-ever small, precisely placeable, fully reusable, and rapidly deployable remote sensing balloon.