Metaspectral Raises $4.7M in Seed Funding

Metaspectral, a Vancouver, Canada-based software company advancing computer vision using deep learning and hyperspectral imagery, raised $4.7M in Seed funding.

Backers included Soma Capital, Acequia Capital, the Government of Canada, Jude Gomila and Alan Rutledge.

The company intends to use the funds to scale up its team to support the continued development and refinement of the Fusion platform, which is set to publicly launch this Fall. 

Led by CEO Francis Doumet and CTO Migel Tissera, Metaspectral delivers computer software, capable of remotely identifying materials and determining their composition, condition, abundance, and other properties such as defects, otherwise invisible to conventional cameras. It achieves this by leveraging hyperspectral sensors and analyzing the data captured in real-time using artificial intelligence (AI) via its scalable, cloud-based platform. The software is already deployed in a range of industries including aerospace, defense, agriculture, and manufacturing. 

The technology is also planned for deployment on the International Space Station to demonstrate real-time compression, streaming, and analysis of hyperspectral data from Low Earth Orbit (LEO). The company’s client list also includes organizations such as the Canadian Space Agency, Defence Research Development Canada (DRDC), and one of the largest recyclers in Canada. 

Metaspectral is currently hiring deep-learning engineers and scientists, remote sensing scientists, and full-stack engineers.

FinSMEs

17/11/2022