Space tech company Satellogic has raised $27 million in a Series B round led by Chinese internet giant Tencent, and with participation by CrunchFund (disclosure: co-founded by TechCrunch founder Michael Arrington). The company also launches its sixth micro-satellite into orbit on June 15, aboard a Long March-4B rocket that took off from Jiuquan Satellite Launch Center.

What Satellogic offers that’s unique is affordable, high-resolution imaging in a micro-satellite platform, with the ability to capture photo data of the Earth at 1 meter resolution. By comparison,…