2 years ago

Mobile GIS Services Secures £600K Funding for Geospatial Software Development

  • Mobile GIS Services (MGISS), a UK-based provider of geospatial software for utility companies, raised £600K in funding from NPIF – Mercia Equity Finance

  • The company intends to use the funds for the development of a new system that MGISS is working on with the European Space Agency (ESA) and to create 11 new jobs

  • MGISS uses satellite data and mapping technologies to help operators identify potential risks and plan new projects

  • The investment follows three years of growth, during which time MGISS has increased annual recurring revenue by over 300%.

    • ProblemFinancial Services

      "Utility companies struggling to identify potential risks for their infrastructure with current visual inspection methods."

      Solution

      "Mobile GIS Services uses satellite data and mapping technologies to provide a 'eye in the sky' solution, reducing the need for helicopters and accurately identifying potential risks."

      Covered on