We're excited to lead LiveEO’s €25M Series B funding round together with DTCF | DeepTech & Climate Fonds. The funds will be used to scale LiveEO AI-powered satellite data for actionable insights to help critical infrastructure operators manage climate risks. LiveEO is also our first investment in Germany.
We are impressed with LiveEO founders Daniel Seidel and Sven Przywarra, who have built a world-class international team, and we look forward to working with other existing investors, including Matterwave Ventures, MMC Ventures and Greencode Ventures.
LiveEO unlocks the full potential of satellite data to provide continuous asset monitoring, helping critical infrastructure operators and others to manage climate risks and third party interactions.
The Berlin-based company has large customers from around the world, including North America, Europe, Japan and Australia. For example, LiveEO is trusted by Europe’s largest railway operator, Deutsche Bahn to safeguard its assets, helps a Nigerian pipeline operator tackle oil theft and reduce million-dollar losses and helps to curb illegal logging in Moldova. Other notable customers include E.ON, Iberdrola, and Network Rail, just to name a few.
We see great potential in LiveEO becoming the leading automated platform for solving critical problems across industries, and driving a more sustainable future.
Link to Axios exclusive coverage by Katie Fehrenbacher in the comments.
#DeepTech #ClimateAction #Sustainability #SatelliteData #AI
Director Westmeath Consulting Services Pty Ltd
3moDronamics love your work guys. Cant wait to see the Black Swans flying regional South Australia. Justin Commons Matt Grant ACEcD