9 years ago
Rezatec Secures £1 Million Seed Funding to Expand Global Reach
Rezatec, a UK-based provider of satellite-driven data analytics for the Utilities, Agribusiness and Energy sectors, has closed a £1 million seed funding round
The round was led by Run Capital, with participation from the Harvard Business School Alumni Angels and existing shareholders
The company will use the funds to expand its sales and marketing teams globally and continue to grow its customer base.
ProblemTechnology
"Improving yield optimization for commodity crops in the Agribusiness sector and predicting water catchment pollution and soil erosion forecasts in the Water Utilities sector and pipe bursts and subsidence movements in the Energy and Utilities sectors"
Solution
"Rezatec provides satellite-driven data analytics for users in the Utilities, Agribusiness and Energy sectors, using its proprietary algorithms to process data inputs from satellite, airborne and ground sensors to predict outcomes for key assets in various industry verticals"