What is Satelligence?
Satelligence specializes in leveraging advanced satellite imagery to deliver daily analytics on agricultural output and supply chain vulnerabilities, including deforestation, forest fires, and flooding. Its sophisticated platform assists major global clients such as Mondelez, Unilever, Bunge, the World Bank, and the Ministry of Foreign Affairs of the Netherlands in demonstrating progress towards zero deforestation and making informed sourcing and investment decisions. The company covers key commodities like palm oil, cocoa, soy, rubber, and beef, operating from strategic locations in Indonesia, Ghana, Bolivia, and The Netherlands.
How much funding has Satelligence raised?
Satelligence has raised a total of $2.3M across 1 funding round:
Unspecified
$2.3M
Unspecified (2020): $2.3M with participation from 4impact Inc and Horizon 2020
Key Investors in Satelligence
4impact Inc
4impact Inc is an investment firm focused on driving positive societal and environmental impact through its capital allocation. Their investment in Satelligence suggests a commitment to companies leveraging technology for sustainability and global good.
Horizon 2020
Horizon 2020 is a European Union research and innovation program, providing funding for scientific and technological advancements. Their participation indicates Satelligence's innovative approach to geodata analytics and its potential for significant technological contribution.
Undisclosed Investor
An undisclosed investor participated in this funding round, indicating strategic interest in Satelligence's unique geodata analytics capabilities for agricultural and supply chain monitoring.
What's next for Satelligence?
With the infusion of major strategic investment, Satelligence is poised for significant growth and enhanced market penetration. The company's focus on critical environmental and supply chain data aligns with increasing global demand for sustainable practices and transparent commodity sourcing. Future developments are likely to involve expanding its analytical capabilities, broadening its commodity coverage, and deepening its client relationships across both the private and public sectors. This funding will be instrumental in solidifying Satelligence's position as a leader in geodata analytics for agriculture and sustainability.
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