Tech Company Financing Transactions
Satim Funding Round
On 8/7/2023, Satim raised $2 million in funding from Cultivation Capital, Everywhere Ventures and Hustle Fund.
Transaction Overview
Company Name
Announced On
8/7/2023
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the fudns to to enhance its technology and capabilities.
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
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