Blackshark.ai Raises US$35 Million in Series A Funding to Revolutionize Geospatial Technology
Summary
Blackshark.ai, a leading AI geospatial intelligence firm, has successfully closed a US$15 million Series A extension, bringing the total investment of its Series A funding to an impressive US$35 million. The oversubscribed funding round saw the participation of renowned investors […]
Blackshark.ai, a leading AI geospatial intelligence firm, has successfully closed a US$15 million Series A extension, bringing the total investment of its Series A funding to an impressive US$35 million. The oversubscribed funding round saw the participation of renowned investors including In-Q-Tel (IQT), Safran, Einstein Industries Ventures, and Ourcrowd, among others. These new partnerships further strengthen blackshark.ai’s mission to democratize high-frequency 3D mapping applications for a wide range of geospatial use cases in the public and private sectors.
With its groundbreaking technology, blackshark.ai has gained recognition for creating the first-ever 3D digital twin of the entire Earth for Microsoft’s Flight Simulator. The company’s platform has the capability to transform vast amounts of raw data from satellite and aerial imagery into semantically labeled geospatial digital twins. Through this innovative software, blackshark.ai enables rapid and precise object detection and classification on a large scale, all without the need for extensive training data. Moreover, the platform facilitates detailed analysis of land use and land cover.
CEO Michael Putz expressed the company’s ambitions, stating that blackshark.ai aims to establish itself as the foundational platform for high-frequency 3D mapping of our planet. By providing accessible and accurate geospatial insights, blackshark.ai revolutionizes the field of geospatial technology and paves the way for a wide range of applications in various industries.
FAQ:
– What is blackshark.ai?
Blackshark.ai is an AI geospatial intelligence company known for its groundbreaking technology in creating 3D digital twins of the Earth.
– What is geospatial technology?
Geospatial technology refers to the use of data and technology to analyze and visualize information related to Earth’s physical and geographic features.
– How does blackshark.ai’s platform work?
Blackshark.ai’s platform processes data from satellite and aerial imagery to generate semantically labeled geospatial digital twins, allowing for efficient object detection, classification, and land use analysis.
Sources:
– For more information on blackshark.ai, visit [www.blackshark.ai](www.blackshark.ai)