Andrew Peterson, Co-founder & CEO of Array Labs, took part in our 12-week Mission 8 Accelerator programme.
Los Angeles-based Array Labs are providing the next generation of 3D imagery, this solution is up to 50 times cheaper than alternatives, providing global coverage in hours to the highest quality.
Their technology has multiple use-cases including national defense, digital twins for autonomy and AR as well as risk modelling for banking, insurance, construction, and natural disaster response.
As Array Labs approached their next stage of growth applying for Seraphim Space Camp seemed to be the best step to move the company forward. It was a great opportunity to build relationships and gain exposure to industry leading investors.
Andrew benefitted from sessions with world class experts in the space sector and the VC ecosystem, particularly with talks from Irene Walsh on the elevator pitch, Laura Crabtree on entrepreneurship in space, Daniel Carew’s pitch deck walkthrough and a stargazing session with former OneWeb CEO, Matt O’Connell.
Throughout the programme, members of the cohort received extensive investment readiness support from the Seraphim Capital team, Investment Director, Jeff Crusey and Investment Analyst Lewis Jones provided excellent guidance on who/how to approach when building investor relations. Seraphim Space Camp CEO, Rob Desborough, and Seraphim Capital CIO James Bruegger supported Andrew with the pitch deck during one-on-one sessions was the most helpful element for directing their messaging effectively for an audience of investors.
Following on from the programme, Array Labs has raised $600,000 in VC funding and now they are putting a team to deliver growth in the exciting months to come.
We wish Andrew and the rest of the Array Labs team every success in their growth as a company.
For more information about Array Labs visit their website here.
If you are a pre-series A technology startup with a space application, we would love to hear from you, more about our accelerator can be found here.
Array Labs has raised $600,000 in VC funding and now they are putting a team to deliver growth in the exciting months to come!