Xoople, a Madrid company building what it calls a system of record for physical change on Earth, announced a $130m Series B on 6 April 2026. Nazca Capital led the round, according to TechCrunch and The Next Web. Capital-Riesgo gave the amount as €115m, a conversion of the same sum.
MCH Private Equity, CDTI, Buenavista Equity Partners and Endeavor Catalyst also invested. CDTI is Spain's government technology development fund. The company did not disclose a valuation. Chief executive Fabrizio Pirondini told TechCrunch that Xoople is in unicorn territory.
“Every major era of computing has created a defining system of record”Fabrizio Pirondini, CEO, Xoople
What Xoople does
Xoople describes itself as a data infrastructure company. Its long-term aim is an Earth System of Record, a layer of data on changes to the physical world that AI systems and enterprise software can query. Capital-Riesgo said the company operated in stealth for about seven years of development and that its commercial rollout begins in the current quarter, with clients accessing the data through a Private Access Program.
The Next Web described a product called EarthAI, which turns continuous surface data into AI-ready datasets for change detection, risk prediction and environmental monitoring and runs on Microsoft Azure. TechCrunch said Xoople currently relies on public data such as the European Space Agency's Sentinel-2.
Satellites and partners
TechCrunch reported that the round is meant to move Xoople from relying on third-party satellite data to running on its own constellation, which will carry optical sensors. Pirondini said the data would be a stream that is two orders of magnitude better than existing monitoring systems. He gave no satellite count, and the article said the company continues to raise money to fund the full development of the satellites, which it described as expensive.
L3Harris Technologies is to design and build the optical sensors. The Next Web also named Microsoft, through integration with Planetary Computer Pro, and Esri as a distribution partner. Competitors named by TechCrunch include Planet, BlackSky and Airbus.
The Next Web quoted an analyst, Aravind Ravichandran of TerraWatch Space, saying Xoople had laid the distribution pipes before having its own data supply, and that Google's head start on geospatial AI models is the benchmark it will be measured against. Pirondini told TechCrunch that Xoople expects its Earth System of Record eventually to include an AI world model built with partners.
Customers and use cases
Capital-Riesgo said early users include government agencies and large Fortune 500 companies, none named. Stated use areas are supply chain and infrastructure monitoring, agricultural forecasting, insurance risk and emergency response, urban development and resilience, and scenario planning.
Pirondini told TechCrunch the business model is about embedding Xoople's data and solutions directly into the ecosystem, so that partners can sell services to their own customers.
Funding and company
Pirondini put Xoople's total funding at $225m, according to TechCrunch and The Next Web. Capital-Riesgo gave total funding as €200m after this round. The company was founded in 2019, and Pirondini is its chief executive and co-founder. The reports did not name other founders or give a headcount.
Pirondini said in the announcement: "Every major era of computing has created a defining system of record".
Company website: xoople.com