French startup SpaceSense has raised €1 million in a seed funding round, led by Techmind, Space Ventures Investors among others in order to develop the startup’s artificial intelligence platform for satellite imagery and expand the team.
“By working on different projects using satellite imagery, I noticed that regardless of the final use case of the analysis, a significant part of my job was always the same. There was a possibility to create a tool that would significantly reduce the duration and the complexity of these satellite imagery projects. This is SpaceSense’s goal. We position ourselves as a provider of ready-to-use satellite insights,” said Jyotsna Budideti, co-founder and CEO of SpaceSense.
Set up in 2019, the startup aims to democratize insights from satellite images, and is already supported by organisations like the European Space Agency, 50 Partners, and CNES.