A satellite data start-up which shrinks file sizes in order to transmit larger quantities of information has won backing from an early investor in SpaceX, Elon Musk's rocket-making behemoth. Sky News understands that The Compression Company will on Friday announce a $3.4M pre-seed round led by Long Journey Ventures, an early backer of SpaceX.
Business
Early SpaceX backer funds UK satellite data start-up
Yahoo! Finance (Sky syndication)Jan 2026
Imperial College founders raise €2.8 million for The Compression Company; a satellite data compression platform
BeBeez International (Sky syndication)Jan 2026
Imperial College founders raise €2.8 million for The Compression Company; a satellite data compression platform
EU StartupsJan 2026
+7 more
Earth Observation
The Compression Company lands £2.5m in pre-seed funding to run data compression onboard satellites
Soapbox VCJan 2026
"Software-Defined" AI Compression Startup Secures $3.4M to Unblock the Space-to-Ground Bottleneck
Sat NewsJan 2026
The Compression Company Announces $3.4M Pre-Seed Round, Led By Long Journey
ViaSatelliteJan 2026
