Foundational secures £8.2M pre-seed as it emerges from stealth

London-based space technology company Foundational has emerged from stealth with £8.2 million in pre-seed funding to expand its satellite positioning infrastructure and further develop its data platform. Participants in the round include Inflection, BACKED, Final Frontier, Adjacent and Type One Ventures. Founded in 2025 by Hira Virdee and Dave Gooding , Foundational is developing technology for collecting, processing and delivering precise positioning data for satellites, with applications spann