Satellite Data Company SatSense Raises £750k in Seed Funding

SatSense, a Leeds, UK-based satellite data company, has secured £750,000 in seed funding from NPIF - Mercia Equity Finance, Unipart Rail and the University of Leeds. The company will use the funds to bring its technology to market, recruit a managing director, expand its development team, and scale its operations. SatSense's software detects subsidence using satellite data, measuring changes in ground movement down to 1mm per year to establish the cause of subsidence. This data is used by home buyers, surveyors, mortgage lenders, and insurers, as well as for monitoring critical infrastructure.

SatSense Raises £750k to Bring Satellite Data-Driven Subsidence Detection to Market

SatSense is a Leeds, UK-based satellite data company that developed software which detects subsidence using satellite data. The company measures changes in ground movement down to as little as 1mm per year, establishing the cause of subsidence for home buyers, surveyors, mortgage lenders and insurers. The technology can also be used for continuous monitoring of critical infrastructure such as bridges, railways, dams, as well as oil and gas production sites.

SatSense is a satellite data company that uses software to detect subsidence using satellite data.

7 years ago

SatSense Raises £750k to Bring Satellite Data-Driven Subsidence Detection to Market

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