Tech Company Financing Transactions
Satim Funding Round
Satim secured a funding round on 9/19/2024. Investors included Cultivation Capital, Techstars Ventures and Verissimo Ventures.
Transaction Overview
Company Name
Announced On
9/19/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to advance its AI-augmented SAR solutions and secure its position as a global leader in the field.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Królewska 65 Krakow
Malopolskie, 30-081
PL
Malopolskie, 30-081
PL
Phone
Undisclosed
Website
Email Address
Overview
We are the industry leaders in the classification of military and civil vessels using Synthetic Aperture Radar (SAR) satellite imagery, in fact we are SAR experts. We go beyond vessel detection, providing near real-time 90% accurate vessel classification. Founded in 2012, Satim quickly partnered with the European Space Agency. ESA funded many research and development projects with a particular focus on object detection. We are now the creators, owners, and curators of Satrec, our world-leading automatic vessel detection and classification software. In our unique solution, we use synthetic SAR data to train AI models. These synthetic data are generated in our SAR simulator developed by SATIM under two contracts with ESA.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jacek Strzelczyk
Browse more venture capital transactions:
Prev: 9/19/2024: Drift Protocol venture capital transaction
Next: 9/19/2024: Yonder venture capital transaction
Share this article
News on VC Transactions
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs