Photo: Tomorrow.io

Tomorrow.io has raised $175 million in new funding to fund its next-generation DeepSky weather monitoring constellation. Stonecourt Capital and HarbourVest led the funding round. 

Tomorrow.io operates a weather monitoring constellation and recently announced plans for the upgraded DeepSky constellation to provide faster revisit rates and more coverage. The company hasn’t shared a target for how many satellites will make up DeepSky, but said the satellites will be equipped with multimodal sensors that are able to scan the full electromagnetic spectrum at high frequency. 

The company says it currently serves around 250 customers, with applications including supply chain optimization, infrastructure resilience, early warning systems and climate adaptation.

“Tomorrow.io represents a rare combination of differentiated technology, real commercial traction, global positive impact, and a management team that has consistently executed against an ambitious vision. We believe the company is uniquely positioned at the intersection of space, data, and critical decision-making,” Peter Lipson, managing director of HarbourVest Partners commented on the round. 

The company’s most recent prior funding was an $87 million Series E funding round in 2023. Tomorrow.io has remained private after backing out of a special purpose acquisition (SPAC) deal in 2022.