LiveEO has secured €25 million in a Series B funding round led by NordicNinja and DTCF to enhance its satellite data solutions for climate risk management.

Target Information

LiveEO, founded in 2018, is a prominent player in the field of Earth observation, leveraging high-resolution satellite data and advanced artificial intelligence to convert extensive raw satellite data into actionable insights. The company aims to assist organizations in managing climate-related risks and enhancing their resilience against environmental challenges. With a focus on delivering timely insights, LiveEO addresses the fragmented nature of satellite data, which can be difficult for industries to interpret and integrate effectively.

The platform has shown significant growth, tripling its performance in the past year. It employs innovative satellite technologies, including multispectral and Synthetic Aperture Radar (SAR), coupled with sophisticated AI algorithms to provide real-time analytics. LiveEO's solutions enable businesses to detect and respond to urgent environmental events, such as extreme weather conditions and deforestation, while also helping monitor and mitigate environmental risks that can impact critical infrastructure.

Industry Overview

The earth observation industry in Europe is emerging as a pivotal sector, driven by the increasing demand for monitoring climate change and environmental risks. The market is projected to experience substantial growth, with a projected value o