Top 14 Geospatial Startups in 2023

1) Satellogic

By substantially lowering the obstacles to obtaining real-time satellite data, Satellogic will democratize access to space-based services.

Details of the startup:

• Country: Uruguay
• State: NA - Uruguay
• City: Montevideo
• Started in: 2010
• Founders: Andrew Fursman, Emiliano Kargieman, Gerardo Richarte, Gerardo Richarte
• Number of employees: 101-250
• Funding: $123,800,000
• Funding rounds: 8
• Number of investors: 10 (Tencent, Endeavor Catalyst, Valor Capital Group, NXTP Ventures, Inter American Development Bank)

You can find their website here.

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2) Propeller Aero

Propeller is a global pioneer in drone mapping and analytics solutions that empower businesses to measure and control their own operations.

Details of the startup:

• Country: Australia
• State: New South Wales
• City: Surry Hills
• Started in: 2014
• Founders: Francis Vierboom, Rory San Miguel
• Number of employees: 101-250
• Funding: $31,979,621
• Funding rounds: 5
• Number of investors: 9 (Accel, Sequoia Capital China, Costanoa Ventures, Blackbird Ventures, Startmate)

You can find their website here.

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3) Kayrros

Kayrros is a data analytics firm that assists global energy market participants in making more informed investment decisions.

Details of the startup:

• Country: France
• State: Ile-de-France
• City: Paris
• Started in: 2016
• Founders: Alexandre d’Aspremont, Antoine Halff, Antoine Rostand, Jean-Michel Lasry, Laurent El Ghaoui
• Number of employees: 51-100
• Funding: $34,483,346
• Funding rounds: 4
• Number of investors: 7 (Index Ventures, Cathay Innovation, EASME - EU Executive Agency for SMEs, Korelya Capital, Primwest)

You can find their website here.

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4) Mapillary

Mapillary has created a street-level imagery platform that relies on pictures submitted by the general public.

Details of the startup:

• Country: Sweden
• State: Skane Lan
• City: Malmö
• Started in: 2013
• Founders: Jan Erik Solem, Johan Gyllenspetz, Peter Neubauer, Yubin Kuang
• Number of employees: 51-100
• Funding: $24,600,000
• Funding rounds: 4
• Number of investors: 11 (Sequoia Capital, Atomico, BMW i Ventures, Playfair Capital, Wellington Partners)

You can find their website here.

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5) Latitudo40

Latitudo40 is a Techstars-backed startup. Using satellite imagery and artificial intelligence to develop new smart city and agritech solutions

Details of the startup:

• Country: Italy
• State: Campania
• City: Napoli
• Started in: 2017
• Founders: Donato Amitrano, Gaetano Volpe, Mauro Manente, Vincenzo Vecchio
• Number of employees: 1-10
• Funding: $972,381
• Funding rounds: 4
• Number of investors: 6 (Techstars, CRiF, Invitalia, Techstars Smart Mobility, Fondazione Golinelli)

You can find their website here.

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6) Ecopia.AI

Ecopia.AI is a machine learning firm that specializes in extracting information from geospatial big data.

Details of the startup:

• Country: Canada
• State: Ontario
• City: Toronto
• Started in: 2013
• Founders: Jon Lipinski, Yuanming Shu
• Number of employees: 11-50
• Funding: $6,740,000
• Funding rounds: 2
• Number of investors: 2 (Sustainable Development Technology Canada, Ontario Centres of Excellence)

You can find their website here.

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7) TerraMagna

TerraMagna is a fintech company that focuses on agribusiness risk mitigation.

Details of the startup:

• Country: Brazil
• State: Sao Paulo
• City: São José Dos Campos
• Started in: 2017
• Founders: Adriano Dantas, Bernardo Moscardini, João Paulo Torres, Renato Sanabria, Rodrigo Marques
• Number of employees: 11-50
• Funding: $2,760,000
• Funding rounds: 4
• Number of investors: 6 (MAYA Capital, The Yield Lab, ONEVC, Canary, Accion Venture Lab)

You can find their website here.

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8) GeoIQ.io

Intelligent map-based platform for retail with single-click access to street-level location data - demographics, competitions, and movements.

Details of the startup:

• Country: India
• State: Karnataka
• City: Bengaluru
• Started in: 2018
• Founders: Ankita Thakur, Tusheet Shrivastava
• Number of employees: 11-50
• Funding: $338,015
• Funding rounds: 2
• Number of investors: 7 (LetsVenture, Inflection Point Ventures, 9Unicorns Accelerator Fund, Vinay Bansal, Ankur Mittal)

You can find their website here.

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9) Qianxun Spatial Intelligence

Qianxun Spatial Intelligence specializes in high-precision positioning.

Details of the startup:

• Country: China
• State: Shanghai
• City: Shanghai
• Started in: 2015
• Number of employees: 101-250
• Funding: CN¥1,000,000,000
• Funding rounds: 1
• Number of investors: 7 (Shanghai International Group (SIG), China State-Owned Capital Venture Investment Fund, Shanghai GuoHe Capital, ICBC Investment, Y.H. Capital)

You can find their website here.

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10) Hydrosat

Hydrosat is a satellite data company that transforms satellite pictures into useful goods for agriculture and related industries.

Details of the startup:

• Country: United States
• State: District of Columbia
• City: Washington D.C.
• Started in: 2017
• Founders: Jakob Van Zyl, Pieter Fossel, Royce Dalby, Yunjin Kim
• Number of employees: 11-50
• Funding: $10,623,002
• Funding rounds: 5
• Number of investors: 11 (Techstars, The Yield Lab, Cultivation Capital, U.S. Department of Defense, Industrious Ventures)

You can find their website here.

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11) Airspace Link

Airspace Link is a Low Altitude Authorization and Notification Capability (LAANC) Platform for UAS/Drones that has been approved by the FAA.

Details of the startup:

• Country: United States
• State: Michigan
• City: Detroit
• Started in: 2018
• Founders: Ana Healander, Daniel Bradshaw, Michael Healander
• Number of employees: 11-50
• Funding: $18,000,070
• Funding rounds: 4
• Number of investors: 10 (Techstars, Altos Ventures, Indicator Ventures, Detroit Venture Partners, Ludlow Ventures)

You can find their website here.

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12) Descartes Labs

The Descartes Labs Platform was created to address some of the world's most difficult and important geospatial analytics problems.

Details of the startup:

• Country: United States
• State: New Mexico
• City: Santa Fe
• Started in: 2014
• Founders: Adam Smith, Mark Johnson, Mark Mathis, Mike Warren, Steven Brumby, Tim Kelton
• Number of employees: 101-250
• Funding: $58,000,000
• Funding rounds: 4
• Number of investors: 14 (Crosslink Capital, March Capital, Correlation Ventures, DCVC, Cargill)

You can find their website here.

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13) VETRO FiberMap

VETRO FiberMap is a fiber management GIS mapping platform that creates software to aid internet service providers in network management.

Details of the startup:

• Country: United States
• State: Maine
• City: Portland
• Started in: 2008
• Founders: Sean Myers, Will Mitchell
• Number of employees: 11-50
• Funding: $13,500,000
• Funding rounds: 2
• Number of investors: 3 (York IE, Resolve Growth Partners, Maine Venture Fund)

You can find their website here.

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14) Planet

Planet is an aerospace and data analytics firm that develops small satellites and transmits data about the changing world.

Details of the startup:

• Country: United States
• State: California
• City: San Francisco
• Started in: 2010
• Founders: Chris Boshuizen, Robbie Schingler, Will Marshall
• Number of employees: 501-1000
• Funding: $373,898,658
• Funding rounds: 8
• Number of investors: 29 (Founders Fund, First Round Capital, Lux Capital, Felicis Ventures, DCVC)

You can find their website here.

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