When was Fossa Systems founded?

Fossa Systems was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Fossa Systems located?

Fossa Systems is headquartered in Madrid, Spain.

Who is the current CEO of Fossa Systems?

Julian Fernandez of Fossa Systems. They have also founded 1 company.

How many employees does Fossa Systems have?

As of Jul 31, 2026, the latest employee count at Fossa Systems is 53.

Is Fossa Systems a funded company?

Fossa Systems is a funded company, having raised a total of $17.3M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 11, 2021.

When was the latest funding round of Fossa Systems?

Fossa Systems' latest funding was a $***** Series B round on Jun 24, 2026, with participation from 2 investors.

Where does Fossa Systems rank among its competitors?

Fossa Systems ranks 15th amongst 211 active competitors, of which 35 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Dhruva Space, which secured $6.28M in Jul, 2026.

Who are the top competitors of Fossa Systems?

Fossa Systems' top competitors include Terran Orbital, Paras Defence & Space Technologies and Dhruva Space. Among them, Dhruva Space secured the most recent funding round in July, 2026.

Fossa Systems - 2026 Company Profile, Team, Funding & Competitors

Fossa Systems is a series B company based in Madrid (Spain), founded in 2020 by Julian Fernandez, Vicente Gonzalez Negro and Richard Bamford. It operates as a Provider of end-to-end satellite IoT solutions and nanosatellite infrastructure. Fossa Systems has raised $17.3M in funding from investors like Indico Capital Partners, Nabtesco Technology Ventures and Kibo Ventures. The company has 211 active competitors, including 35 funded and 19 that have exited. Its top competitors include companies like Terran Orbital, Paras Defence & Space Technologies and Dhruva Space.

Company Details

Provider of end-to-end satellite IoT solutions and nanosatellite infrastructure. They offer satellite launch and ground station services. The company provides devices including satellite IoT gateways. It serves industries such as energy, utilities, construction, logistics, oil, gas, farming, and defense.

Website: fossa.systems
Social
Email ID: *****@fossa.systems

Key Metrics

Founded Year

2020

Location

Madrid, Spain

Stage

Series B

Total Funding

$17.3M in 4 rounds

Latest Funding Round

Series B, Jun 24, 2026, $*****

Investors

Indico Capital Partners & 6 more

Ranked

15^th among 211 active competitors

Employee Count

53 as on Jul 31, 2026

Similar Companies

Terran Orbital & 231 more

View Fossa Systems' full profile

Fossa Systems has raised a total funding of $17.3M over 4 rounds. Its first funding round was on Mar 11, 2021. Its latest funding round was a Series B round on Jun 24, 2026 for $*****. 2 investors participated in its latest round. Fossa Systems has 7 institutional investors.

Here is the list of recent funding rounds of Fossa Systems:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 24, 2026	4981104	Series B	1352713	8635618	4401414	7730337
Jun 19, 2024	8276465	Series A	9640091	3117791	9282657	Newmind Venture & 1 more
Nov 15, 2023	4675048	Seed	3702804	9147807	Indico Capital Partners & 1 more	Newmind Venture

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View details of Fossa Systems's funding rounds and investors

The founders of Fossa Systems are Julian Fernandez, Vicente Gonzalez Negro and Richard Bamford. Julian Fernandez is the CEO of Fossa Systems.

Here are the details of Fossa Systems' key team members:

Julian Fernandez: Co-Founder & CEO of Fossa Systems.
Contact Info: 1 email address
Vicente Gonzalez Negro: Chief Operating Officer & ex-Co-Founder of Fossa Systems.
Contact Info: 1 email address
Richard Bamford: Former Co-Founder of Fossa Systems.

View details of Fossa Systems's Founder profiles and Board Members

Fossa Systems' employee count trend

Fossa Systems has 53 employees as of Jul 26. Here is Fossa Systems's employee count trend over the years:

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Top competitors of Fossa Systems include Terran Orbital, Paras Defence & Space Technologies and Dhruva Space. Here is the list of Top 10 competitors of Fossa Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Terran Orbital 2013, Irvine (United States), Acquired	Provider of hardware for satellites	$144M	Goldman Sachs Investment Partners, Lockheed Martin ... & 9 others	73/100
2nd	Paras Defence & Space Technologies 1972, Navi Mumbai (India), Public	Company offering wide range of defence products & solutions	$4.57M	Pooja Unichem, Paras Gate India & 38 others	73/100
3rd	Dhruva Space 2012, Hyderabad (India), Series A	Provider of full-stack space engineering solutions, satellite platforms, and launch services	$27.7M	Indian Angel Network, Blue Ashva Capital ... & 135 others	66/100
4th	Apex 2022, Los Angeles (United States), Series D	Manufacturer of configurable satellite platforms designed for various mission requirements	$718M	Andreessen Horowitz, Glade Brook Capital ... & 24 others	66/100
5th	ReOrbit 2019, Helsinki (Finland), Series A	Manufacturer of sovereign satellites and connected systems for national security	$60.2M	Springvest, Inventure & 11 others	66/100
6th	XDLINX 2022, Hyderabad (India), Seed	Developer of satellite platforms for intelligence, surveillance, and reconnaissance missions	$7.22M	Lucky Investment Managers, E2MC & 5 others	62/100
7th	Sophia Space 2025, Pasadena (United States), Seed	Developer of orbital compute and data centers powered by solar energy	$22M	Unlock Venture Partners, KDDI & 2 others	61/100
8th	Quantum Space 2022, Rockville (United States), Series A	Developer of maneuverable spacecraft for defense and commercial on-orbit missions	$57M	Sporos, Prime Movers Lab & 1 others	60/100
9th	NaraSpace 2015, Busan (South Korea), Public	Manufacturer of nano satellites	$24.3M	Shinhan Venture Investment, Korean Development Bank ... & 12 others	60/100
10th	NanoAvionics 2014, Vilnius (Lithuania), Acquired	Developer of nano-satellite buses	-	ESA, Startup Scaleup & 2 others	60/100
15th	Fossa Systems 2020, Madrid (Spain), Series B	Provider of end-to-end satellite IoT solutions and nanosatellite infrastructure	$17.3M	Kibo Ventures, Nabtesco Technology Ventures ... & 5 others	56/100