Posted: Sat, Jan 22, 2022, 10:47 AM ET (1547 GMT)
Earth-imaging company Satellogic has raised $150 million from a fund led by former Treasury Secretary Steven Mnuchin. The investment from Liberty Strategic Capital will be part of a larger private investment in public equity (PIPE) round that is part of Satellogic’s merger with a SPAC, CF Acquisition Corp. V. Shareholders in that SPAC had delayed a vote on the merger three times last month while negotiating to raise additional PIPE investment. The companies also lowered Satellogic’s projected growth in future revenue and earnings.

Related Links:

•  SpaceNews article
•  Satellogic press release