Meteory, a Dutch startup, has recently secured €550k in pre-seed funding to further develop their innovative technology that utilizes satellite data for tracking environmental impact. The funding round was led by a group of angel investors and will enable Meteory to expand their team, enhance their product offerings, and scale their operations.
Founded in 2020, Meteory is on a mission to revolutionize the way we monitor and analyze environmental data. By leveraging satellite imagery and advanced analytics, the company is able to provide real-time insights into various environmental factors, such as deforestation, pollution, and climate change. This information can be used by governments, businesses, and organizations to make more informed decisions and take proactive measures to protect the planet.
One of the key advantages of Meteory’s technology is its ability to provide a comprehensive view of environmental impact on a global scale. Traditional methods of monitoring environmental data often rely on ground-based sensors or manual surveys, which can be time-consuming, costly, and limited in scope. By using satellite data, Meteory is able to collect vast amounts of information quickly and accurately, allowing for more timely and effective interventions.
The recent funding round will allow Meteory to further develop their platform and expand their reach. The company plans to invest in research and development to enhance their algorithms and improve the accuracy of their data analysis. They also aim to grow their customer base and establish partnerships with other organizations in the environmental sector.
In a statement, Meteory’s co-founder and CEO expressed gratitude for the support from their investors and highlighted the importance of their work in addressing pressing environmental challenges. “We are thrilled to have secured this funding, which will enable us to accelerate our mission of using technology to protect the planet,” he said. “With the help of satellite data, we can track environmental impact in real-time and empower decision-makers to take action.”
Overall, Meteory’s success in securing pre-seed funding is a testament to the growing interest in technology-driven solutions for environmental sustainability. As the company continues to innovate and expand, they are poised to make a significant impact in the fight against climate change and other environmental threats.
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- Source: https://zephyrnet.com/dutch-startup-meteory-raises-e550k-pre-seed-to-track-environmental-impact-with-satellite-data-eu-startups/
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