LiveEO has secured €25 million in Series B funding to enhance its AI-driven satellite data solutions for climate risk management and compliance with EU environmental regulations.

Information on the Target

LiveEO, founded in 2018 and headquartered in Berlin, is a pioneering company that transforms high-resolution satellite data into actionable insights using artificial intelligence (AI). Its solutions empower operators of critical infrastructures to manage climate risks effectively and enhance resilience against environmental hazards. LiveEO’s platform currently serves clients in Europe, the United States, Japan, and Australia, enabling them to respond in real time to critical events and proactively monitor environmental risks.

The recent funding round of €25 million follows LiveEO's impressive growth, which saw tripling revenues in 2023. This investment will expedite the advancement of its technology, ensuring that LiveEO remains at the forefront of satellite data applications.

Industry Overview in Germany

The satellite data industry in Germany is rapidly evolving, driven by the increasing demand for precise environmental monitoring and risk management solutions. The market for Earth observation data is projected to grow significantly,