This week, Alba Orbital has become the first Scottish company to take investment from Y Combinator. YC is famous for being an early investor in Airbnb, Dropbox, Twitch, Stripe, Reddit and many more billion dollar startups and is seen as the top global program for early stage startups on the planet.
The investment will help the Glasgow based company accelerate the companies mission to use satellites to image everywhere on Earth, every 15 minutes.
Eric Migicovsky, YC Partner and former Founder/CEO of Pebble said:
‘Alba have demonstrated a track record of designing building and launching more satellites than all the other YC companies combined and we are excited to see the customer traction they have been able to accomplish during the program’
Tom Walkinshaw, Founder/CEO of Alba Orbital said:
‘Taking part in YC and to have them as our first investor after years of bootstrapping has been an immense privilege and we are super excited to have completed the recent W21 batch. YC’s track record speaks for itself and we are trying our best to follow in the footsteps of those giants who have come before us’.