Space Intelligence secures Series A funding led by AzurX Space Ventures
The Edinburgh-based NatureTech firm raised Series A backing from AzurX Space Ventures and Intercontinental Exchange to expand its global forest mapping catalogue.
Space Intelligence is a NatureTech company that provides high-accuracy nature mapping data derived from satellite observations. Its products help stakeholders monitor forests and manage environmental risks globally.
Edinburgh-based Space Intelligence has secured a Series A investment to scale its global forest mapping capabilities. The round was led by AzurX Space Ventures, with participation from Intercontinental Exchange. The newly secured capital will enable the firm to broaden its forest data catalogue across international markets and support corporate supply chain monitoring.
Founded by academics with extensive experience in remote sensing, Space Intelligence supplies audit-grade datasets used by major carbon project developers and investors. The company currently covers hundreds of millions of hectares and intends to increase its geographic reach significantly over the coming quarters.
From the founder
"To address the dual climate and biodiversity crises, it’s critical that investment in forest conservation and restoration scales through mechanisms such as the carbon markets and that compliance with legislation like the EU Deforestation Regulation is ensured,"
Murray Collins
co-founder and CEO at Space Intelligence
Investor perspective
"Investing in space-based technologies, particularly through innovative companies like Space Intelligence, is essential for harnessing the full potential of satellite data in addressing global environmental challenges,"
Anna Hazlett
co-founder and CEO, AzurX Space Ventures
Use of funds
- 01Expand into international markets
- 02Continue product development
Investors
Categories
About the company
Space Intelligence
Space Intelligence provides high-accuracy nature mapping data derived from satellite observations.