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Imaging analytics firm Bird.i gets $2.6m, brings total to $3.3m

Bird.i

Bird.i, a startup which collates and shares satellite, airborne and drone imagery, has received $2.6m in a round led by Accelerated Digital Ventures (ADV).

New investor Concrete VC and previous backers Frontline Ventures, Satellite Application Catapult Services and Scottish Investment Bank – the investment arm of Scottish Enterprise – also participated.

With this round, Bird.i brings its total raised to date to $3.3m. The money will be used to scale its product portfolio and to expand across the globe.

Corentin Guillo, the founder, said: “Bird.i’s ethos is that the important information found in images taken from space and our skies should be made more accessible, affordable and useable for all, to help businesses and individuals see a more accurate picture of our ever-changing world.

“This additional investment will enable us to continue developing our technology, grow the company and expand our product portfolio. As well as building on our existing offering, we believe there is huge potential for Bird.i to make an impact in additional industries, such as travel and tourism, and expand to mass market consumer services in the near future.”

The startup, which has offices in London and Glasgow, is typically used by business intelligence companies, investment firms, infrastructure operators, urban planners and facility managers.

Michael Dimelow, head of investment at ADV, added: “With Bird.i’s machine learning-powered image processing, a clear and refined view of the world is now accessible to businesses globally, and in a resolution never before achieved outside of military applications.

“Companies can now make real-time decisions about the progress of major construction and infrastructure projects, or the whereabouts of globally distributed assets such as fleets of vessels, or quantify barrels of oil reserves.

“We’re excited by the traction Bird.i is building, initially in the construction and financial services markets. The potential for the technology goes way beyond these areas, adding value in any sector where businesses need to track and understand static or dynamic assets,” he concluded.

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