Dutch agritech startup Satelligence is a satellite-powered geodata analytics company providing daily insights into the global performance of agricultural production and supply chain risks, such as deforestation, forest fires and flooding. The company has secured nearly €1.9M funding to bring about a transformation in the global commodity supply chains and eliminate deforestation.
Investment from 4impact!
Based out of Utrecht, Satelligence has secured $2.3M (nearly €1.9M) funding from Dutch tech and impact investor 4impact along with the European Commission’s Horizon 2020 programme. The investment will allow its clients to improve their mitigation of social and environmental risk involved in agricultural commodity production. Satelligence’s investment further strengthens the development and implementation of risk forecasting and carbon accounting methods.