Fossa Systems

Fossa Systems provides end-to-end satellite IoT solutions and nanosatellite infrastructure, offering satellite launch, ground station services, and satellite IoT gateways. The company serves industries including energy, utilities, construction, logistics, oil, gas, farming, and defense. Founded in 2020 and headquartered in Madrid, Spain, Fossa Systems has raised approximately $17.3M in Series B funding from investors including Indico Capital Partners, Nabtesco Technology Ventures, Emerald Technology Ventures, and Kibo Ventures. The company employs 55 people and develops small form-factor satellites that provide affordable IoT connectivity for assets in remote areas, bridging the connectivity gap for industrial IoT applications beyond terrestrial network coverage. The company has launched multiple satellites and continues to expand its constellation to provide global coverage for asset tracking and environmental monitoring.