Data infrastructure case study: Earth intelligence start-up lands further funding
Six years of advice for an AI-enabled satellite intelligence platform.
€137 million funding raised from seed to scale-up.
Spanning Europe, Singapore, and the Middle East.
Another client success story, supported by Addleshaw Goddard.
Founded in 2019 by an international team of earth observation industry specialists, Xoople is a start up with a clear objective: to pioneer enterprise ready Earth intelligence data through the power of AI. Following a recommendation to their CFO, Xoople turned to Addleshaw Goddard to help turn its ambitious plans into an investable business, laying the corporate foundations, designing its structures and establishing governance for future partnerships.
An early industry partnership with private US investor Esri sent a powerful signal to the market, while strategic support from Spanish state investment arms underscored the project’s national importance. Xoople is now scaling internationally and progressing with its constellation launch plans.
A few fast facts
What happened
We worked closely with Xoople from concept to execution and into growth. In the early stages we supported them through company set-up, designing a structure that balanced founders control with the flexibility to bring in strategic and financial investors. Through successive equity rounds we’ve helped them secure c. €200 million to date, across a growing, multi-jurisdictional investor base.
As funding accelerated, we supported more areas of the business, including the people and operations agenda. The Earth observation sector depends heavily on international cooperation, so as our remit grew, so did our cross-border collaboration. When advising on regional and international employment arrangements, executive hires and tax matters we leveraged expertise from across our international network of specialists, including teams in Germany and the UK. In parallel, we assisted with setting up a Singapore branch and exploring further avenues for expansion in the Middle East. Our teams worked in close coordination across time zones and disciplines to ensure seamless, round-the-clock delivery.
The outcome
Our journey with Xoople demonstrates our start-up partnership model in full effect. With a robust legal framework in place, Xoople has successfully transitioned from stealth to scale, and continues to advance. By providing local, on-the-ground counsel in Spain, seamlessly connected to specialists in our offices across the UK, Germany and Singapore, governance, people and funding tracks have progressed in line with their international growth.
In a sector where international cooperation underpins success, Xoople are well placed to grow locally and compete globally, furthering its mission to transform fast, high-fidelity earth observation data into actionable, business-ready insights.
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