Rezatec secures £2m in financing led by Caphaven Partners to expand global sales.
The funding round includes backing from Run Capital and Newable Private Investing.
Share allotment filed at Companies House
Rezatec processes satellite, airborne and ground sensor data through proprietary algorithms to provide geospatial analytics for land based assets.
Rezatec has secured £2m in the second phase of a two-stage financing round led by Caphaven Partners. The raise included participation from existing backer Run Capital alongside new investor Newable Private Investing.
The company provides geospatial analytics to clients in infrastructure, forestry and agribusiness by combining satellite and ground-based sensor data. The fresh capital will be deployed to accelerate sales expansion across Europe, the United States and the Asia-Pacific region.
From the founder
"We are making rapid progress with subscription sales of our geospatial data analytics for customers in our target markets worldwide"
Patrick Newton
CEO at Rezatec
Investor perspective
"Rezatec is a great example of an innovative company that uses geospatial data analysis techniques to provide actionable commercial insights to its customers. The company’s technology is already being used by a significant number of notable clients and our investment will now drive further commercial growth."
Anthony Clarke
Managing Director, Newable Private Investing
Use of funds
- 01Expand into international markets
- 02Invest in sales and marketing
Investors
Cornel Riklin
Caphaven Partners
Andrey Romanenko
Run Capital
Anthony Clarke
Newable Private Investing
Categories
About the company
Rezatec
Rezatec provides geospatial data analytics for infrastructure, forestry and agribusiness sectors.