PlanetWatchers News
7 articles
PlanetWatchers raises $11m funding for expansions plans - Reinsurance News
Crop monitoring and technology company, PlanetWatchers, has raised $11 million in its Series A funding round. The funding will be used to invest in SAR-based data analytics and expand the companys commercial teams. PlanetWatchers uses advanced machine learning and Synthetic Aperture Radar (SAR) data to support crop insurers and the agricultural industry. The company aims to address the increasing market demand to help solve global food security issues. Seraphim Investment Trust PLC and Creative Ventures co-led the funding round, with other investors including Trendlines Agrifood Fund, BIG Capital, and Ridgeline Partners.
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Crop Insurance: PlanetWatchers Raises $3.5 in Funding Round -
PlanetWatchers, a crop monitoring company, has closed a $3.5 million Pre-A series funding round. The funding will support the companys growth plans and expansion of its commercial team. PlanetWatchers uses advanced machine learning and Synthetic Aperture Radar (SAR) data to provide detailed analysis of crop insurance claims without visiting the field. The company aims to become the market leader in SAR-based data analytics. Investors in the funding round include Seraphim Capital, Creative Ventures, Trendlines Agrifood Fund, and Ridgeline Partners.
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PlanetWatchers - Geoanalytics for Natural resource management
Tel-Aviv based startup PlanetWatchers is transforming the way large enterprises monitor their natural resources assets with their monitoring platform. They provide analytics as a service and utilize Synthetic Aperture Radar (SAR) data in their processing. Their platform enables users to get a complete picture of their distributed natural resources and offers root cause analysis, risk assessment, and recommendations. The company has successfully convinced big enterprises to trust their startup and has found its first customer in a large energy company. PlanetWatchers aims to integrate its platform within the workflows of enterprises and sees significant growth in the geospatial enabled systems. The startup is based in Tel Aviv, Israel, where the startup scene is flourishing and there is increasing interest from investors in geospatial companies.
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PlanetWatchers to target sugar cane, energy markets - SpaceNews
Geospatial analytics startup PlanetWatchers is preparing to expand into the sugar cane and energy markets. The company, founded in 2016, uses Synthetic Aperture Radar (SAR) data to help governments, corporations, and nonprofits increase productivity and better manage their assets. PlanetWatchers has developed a risk management and analytics platform for forestry managers and is planning to augment it with new data and analytics services. The company is also conducting pilot projects for sugar cane and energy customers, gathering SAR and optical imagery to build new datasets and train AI models. PlanetWatchers raised $1.75 million in seed funding in 2017 and is seeking to raise $3 million to $4 million in a second seed round. The company is working with one of the worlds largest paper companies and one of the largest energy companies.
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PlanetWatchers Unveils Multi-Source SAR Analytics Platform - Via Satellite -
PlanetWatchers has developed a new multi-source Synthetic Aperture Radar (SAR) platform that provides enhanced risk management and analytical data for natural resource managers. The platform utilizes multiple SAR sources, optical imagery, and Artificial Intelligence (AI)-driven analytics to deliver actionable insights without delays caused by weather or environmental conditions. PlanetWatchers has already completed successful engagements in various industries and received positive feedback from clients. The platform identifies parameters that impact yield, risks, and profitability, such as crop uniformity and environmental damage. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or date of the event.
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A Radar-Based Change Detection Technology Is Helping Preserve Our Forests
PlanetWatchers, a precision forestry company, is using remote sensing, radar satellite imagery, and artificial intelligence to monitor forests and improve productivity while minimizing environmental impact. Their technology can detect anomalies and changes in forest structure, helping with forest management and increasing wood production. The companys monitoring service is expected to have a big impact on commercial forests and is considered the future of forestry. While technology will replace certain tasks, human judgment remains irreplaceable. The technology also contributes to sustainability by reducing the pressure on old-growth forests and allowing for the production of more wood from a given area. Additionally, it can help predict and mitigate the damage caused by forest fires. PlanetWatchers technology has potential applications in other industries as well.
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From Israel's National Geospatial-Intelligence Agency to Leveraging AI for Natural Resource Management
PlanetWatchers is leveraging AI and multi-source satellite sensors to help enterprises, governments, and NGOs monitor their natural resources. Their SaaS solution provides critical information for monitoring patterns of drought, pests, disease, and other elements impacting the earth. The company focuses on managing large-scale assets such as forestry, oil and gas infrastructures, and supply chains. They use AI to automate satellite-data processing and detect anomalies in various industries. PlanetWatchers technology complements drones by providing a first layer of analysis and filtering out minor problems before using drones for closer inspection. The company aims to contribute to solving global warming by detecting deforestation and industrial infrastructure changes. Their vision is to make a global impact and help customers better manage their natural resources. PlanetWatchers value proposition lies in their ability to transform big volumes of satellite data into useful information for controlling and managing assets.
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