6 years ago
SenSat Raises €9 Million to Expand Digital Twin Technology for Infrastructure
SenSat, a London-based startup using AI to create digital representations of real-world locations for the infrastructure industry, has raised €9 million in Series A funding led by Tencent, with participation from Sistema Venture Capital
The funding will be used to expand SenSat's team and drive international expansion
SenSat's technology, known as Mapp, allows infrastructure companies to interact with their workplaces digitally, enabling better decision-making with real-world data
The company has already worked with major infrastructure companies, including Murphy Group and Berkeley Homes, demonstrating the value of its technology in improving efficiency and sustainability.
ProblemConstruction
"Infrastructure projects are inefficient and wasteful, leading to environmental degradation and resource waste."
Solution
"SenSat's digital twin technology uses AI to create accurate, digital representations of real-world locations, enabling infrastructure companies to make better decisions with real-time data and reduce waste."