Picterra, a Lausanne, Switzerland – based geospatial software organization that enables users to extract satellite and drone imaging insights through a combination of artificial intelligence and human expertise, raised $3.3m in seed funding.
Backers included Space Capital, Omidyar Network, Atlantic Labs; and another European venture capital firm.
The company intends to use the funds to grow the team and expand its business reach.
Founded in 2016 by Pierrick Poulenas and Frank de Morsier, Picterra is an AI-based SaaS platform that allows to interactively create a personalized AI detecting, localizing and counting any objects from satellite and aerial imagery.
The platform is driven by a community of users who pool their data and expertise to collectively create a library of deep learning algorithms. This approach gives everyone – not just data scientists and developers – the opportunity to analyze and draw real-time insights from satellite and aerial imagery.