What is Spotlite?
Founded in 2017 by Ricardo Cabral and Martino Correia, Spotlite operates a sophisticated platform designed to transform satellite data into actionable infrastructure insights. The company empowers asset owners and operators to reduce operational capital expenditure through advanced solutions like predictive maintenance and remote auditing. Spotlite's proprietary technology aggregates data from multiple satellite sources, enabling continuous monitoring of risks across vast distances without the need for physical inspections or on-site sensors. Its automated platform delivers critical insights and alerts, allowing infrastructure managers to proactively address potential issues such as landslides, subsidence, vegetation encroachment, flooding, fire hazards, and third-party interference.
How much funding has Spotlite raised?
Spotlite has raised a total of $5.3M across 2 funding rounds:
Angel/Seed
$1.5M
Seed
$3.8M
Angel/Seed (2022): $1.5M with participation from Portugal Ventures, EDP Ventures, Shilling Capital Partners, and Indico
Seed (2025): $3.8M led by Indico Capital Partners and Explorer Investments
Key Investors in Spotlite
Portugal Ventures
Portugal Ventures is a venture capital firm that invests in startups with global ambitions, focusing on early-stage investments across various sectors. They aim to support the internationalization of innovative businesses.
EDP Ventures
EDP Ventures is part of a Sydney-based conglomerate focused on curated lifestyle experiences, commercial property services, and hospitality. They invest in companies that align with their diverse portfolio.
Shilling Capital Partners
Shilling VC is an early-stage venture capital firm that supports entrepreneurs aiming for rapid growth and global reach, typically investing between €100K and €1M in startups.
What's next for Spotlite?
The substantial enterprise-level funding indicates Spotlite is poised for significant scaling and market expansion. This capital injection will likely be directed towards enhancing its technological capabilities, broadening its data acquisition strategies, and strengthening its sales and marketing efforts to reach a wider client base. The company's focus on predictive infrastructure maintenance aligns with growing industry demands for efficiency and risk mitigation, positioning Spotlite for continued growth and innovation in the geospatial analytics market.
See full Spotlite company page
