The Scoop
Xoople, a data infrastructure company building a 'global system of record' for physical changes on Earth, closed a $130M Series B round. Investors include Nazca Capital, MCH, CDTI, Buenavista Equity Partners, and Endeavor Catalyst.
The Context
Founded in 2019 and operating in stealth for seven years, Xoople uses a proprietary satellite-based system to generate high-precision datasets. This funding, totaling $225M, positions Xoople as a key player in real-world data for AI. The increasing reliance on AI systems demands more reliable real-world data, which highlights the importance of firms like Xoople. The investment shows a heightened confidence in companies that provide real-world intelligence for virtual applications.