Satim, a Kraków, Poland-based provider of an AI-based software for automatic object detection, identification and classification capabilities using satellite SAR (synthetic aperture radar) imagery, raised $2m in funding.
The round was led by Cultivation Capital with participation from Verissimo Ventures, The Flying Object, Everywhere Ventures, Hustle Fund, StartupIst Ventures, and an undisclosed investor from Eastern Europe.
The company intends to use the fudns to to enhance its technology and capabilities.
Founded in 2012 and led by Jacek Strzelczyk, CEO, Satim provides SATREC, a software platform used for automatic object detection, identification and classification capabilities utilizing satellite SAR imagery. The company has already gained significant recognition for its 90% accurate object classification on satellite SAR imagery, providing a comprehensive solution for strategic site monitoring and maritime situational awareness. Today, Satim actively serves the military, government, and commercial sectors.
FinSMEs
07/08/2023