blackshark.ai raises an extra US$15 million

By on 20 November, 2023
Building volumes extracted from blackshark.ai’s GEOINT capabilities for Seattle.

blackshark.ai, an AI geospatial intelligence company known for creating the first 3D digital twin of the entire Earth for Microsoft’s Flight Simulator, has announced the successful closure of an oversubscribed US$15 million Series A extension, thereby raising the total Series A investment round to US$35 million.

Existing investors Point72 Ventures, M12 Microsoft’s Venture Fund and Maxar are now joined by In-Q-Tel (IQT), Safran, ISAI Cap Venture, Capgemini’s VC Fund managed by ISAI, Einstein Industries Ventures, Interwoven Ventures (formerly ROBO Global Ventures), Ourcrowd, Gaingels and OpAmp Capital.

“The new partnerships strengthen our vision to democratise high-frequency 3D mapping applications across an extensive range of geospatial use cases, both public and private,” said Michael Putz, CEO of blackshark.ai.

blackshark.ai’s platform transforms massive volumes of raw data from satellite and aerial imagery into semantically labelled geospatial digital twins. The software facilitates rapid and accurate object detection and classification at scale without the need for training data, and also enables analysis of land use and land cover.

“We strive to become the foundational platform for high frequency 3D mapping of our planet,” said Putz.

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