The Endurosat team. Photo: Endurosat

Satellite manufacturer EnduroSat has raised another $100 million in funding after raising nearly $50 million earlier this year. 

The funding announced Thursday of over $100 million included new investment from Riot Ventures, Google Ventures, Lux Capital, the European Innovation Council Fund and Shrug Capital.

EnduroSat is based in Bulgaria, and within the last year has expanded to Colorado, France, and Germany. The company recently opened a new manufacturing center in Sofia, Bulgaria that it says has the ability to manufacture up to two 200 kg to 500 kg satellites a day. It is focused on building satellites for small to midsized satellite constellations for private communications networks and Earth Observation capabilities.

“At GV, we believe the next era of connectivity and exploration will be fueled by scalable, modular satellite platforms,” said Roni Hiranand, Partner at GV (Google Ventures). “EnduroSat’s technical depth, rapid manufacturing innovation, and customer-first mindset uniquely position them to set a new standard for satellite constellations.”