What is SenSat?
Sensat specializes in creating digital twins of physical environments for industrial analysis and decision-making. By leveraging drone technology to capture real-world data, the company constructs detailed digital representations visualized through its Software-as-a-Service (SaaS) platform. This innovative approach empowers industries to better understand and manage their building environments, leading to more informed strategic choices.
How much funding has SenSat raised?
SenSat has raised a total of $54M across 5 funding rounds:
Angel/Seed
$4.5M
Angel/Seed
$2.3M
Series A
$10M
Series B
$16.7M
Series B
$20.5M
Angel/Seed (2018): $2.3M, investors not publicly disclosed
Angel/Seed (2018): $4.5M, investors not publicly disclosed
Series A (2019): $10M supported by Tencent and Sistema Venture Capital
Series B (2022): $16.7M featuring National Grid Partners
Series B (2022): $20.5M backed by Round Hill Ventures, National Grid Partners, Innovate UK, 8point8 Capital, Force Over Mass Capital, and Tencent
Key Investors in SenSat
National Grid Partners
National Grid Partners invests in technologies that address current challenges and shape future energy systems. They act as a bridge between entrepreneurs and utilities, fostering collaboration for innovative energy solutions.
Tencent
Tencent Holdings Limited provides internet and mobile services, and online advertising services internationally. The company offers online and mobile games, applications across various internet and mobile platforms, instant messaging services, online literature services, wireless internet value added services, and interactive entertainment services.
Innovate UK
Innovate UK is the national innovation agency of the UK, dedicated to supporting business-led innovation across various sectors and technologies throughout the UK. It operates under the umbrella of UK Research and Innovation.
What's next for SenSat?
The substantial enterprise-level capital infusion positions SenSat for accelerated scaling and further technological development. This strategic backing is expected to fuel expansion into new markets and enhance its digital twin capabilities, solidifying its role as a key player in the digital transformation of physical industries. The company's focus on data-driven insights for complex environments suggests a continued emphasis on innovation within the construction, infrastructure, and industrial sectors.
See full SenSat company page
